News Details
US GP under threat
The future of the US GP in Austin is in doubt as state officials reduce subsidy. Between 2012, the first year of the event at the Circuit of the Americas, and 2014, the state contributed $25m each year as part of a quarter-billion dollar subsidy agreed over the next decade with (then) state comptroller Susan Combs. However, for 2015 the governor's office and COTA confirmed that the state's contribution, which is based on how much economic activity the event generates for the state, would drop to around $19.5m. 'An entire facility was constructed based on that deal,' COTA spokesman Dave Shaw told the Austin American-Statesman. 'If the calculation is changed now, that's effectively changed...
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
US GP future under threat as Texas cuts state subsidy
The future of the US GP has been thrown into doubt by the news that the...
10y ago from Motorsport.com
'We're screwed' says COTA chairman as funding is cut
The United States Grand Prix, held at the Circuit of the Americas in...
10y ago from GrandPrixTimes.com
Analysis: F1 structure means tight vote on standard...
As the debate over standard engines rages on in the Formula 1 world,...
10y ago from Motorsport.com
US Grand Prix in jeopardy?
XPB Images
The US Grand Prix in Austin is facing uncertainty...
10y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
14h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
Trackhouse team owner Justin Marks: MotoGP must take...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
9h ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
3d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
3d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Croatia: Driver crashes… then sits down for...
No description available...
1h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
11h ago from MotorsportWeek.c...
Devastated Thierry Neuville vows to "come back...
No description available...
8h ago from Motorsport.com
Popular On GunnersToday.com
Watch: Manchester City fan brutally troll Arsenal...
Manchester City’s dominant 3-0 victory over Chelsea was more than just a...
3h ago from CaughtOffside.com
'Pitiful surrender-monkeys' - Piers Morgan reacts as...
Former England cricketer Kevin Pietersen couldn't help but celebrate as...
4h ago from SportsKeeda.com
Manchester City fan mocks Arsenal with hilarious...
A Manchester City fan has gone viral for his celebration as he mocked...
5h ago from SportsKeeda.com
'EVERYTHING has changed!' | Micah and Sturridge debate...
Micah Richards and Daniel Sturridge debate who has the edge in the Premier...
5h ago from SkySports.com
Comments
Hottest News
Mercedes F1 star Kimi Antonelli feeling the pressure after...
Italian F1 star Kimi Antonelli has vowed to try... Read More »
3h ago from GPFans.com
Leclerc identifies Ferrari’s “clear weakness” amid...
Ferrari left Suzuka with a solid points haul but... Read More »
2h ago from F1Technical.net
Ex-F1 star names the one driver who was harder to race than...
Former F1 star Jacques Villeneuve has revealed... Read More »
13h ago from MotorsportWeek.com
