News Details
US Grand Prix in jeopardy?
XPB Images
The US Grand Prix in Austin is facing uncertainty following an announcement by the State of Texas that will be cutting payments to the Circuit of the Americas this year by more than 20 percent. COTA has received significant funding from the State since 2012 - approximately $25 million - which is tied to the race's economic impact to the Texas region. This year's subsidy is expected to be reduced to $19 million. Given that COTA's sustained business model was based on government payouts, which were contractually agreed by Texas, any reduction in spending may put the venue's future in jeopardy according to its chairman Bobby Epstein. "To use a technical term, I...
Full Story »
Full Story »
You May Also Be Interested In...
Austin's F1 race is in jeopardy, no USGP again?
F1 News Austin's F1 race is in jeopardy, no USGP again? Formula1blog.com...
9y ago from Formula1Blog.com
Ladder to F1 has “fundamental problem”, says...
David Coulthard believes that the junior single-seater ladder has a...
9y ago from Motorsport.com
Red Bull to use new Renault engine in Brazil
Renault has confirmed that Red Bull will use its new Formula 1 engine at...
9y ago from Motorsport.com
How Did We Get Here or At What Point Did F1 Make A...
F1 News VIDEO: My hot laps with Sebastian Vettel in a Ferrari F12 Haas F1...
9y ago from Formula1Blog.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin set for private MotoGP test following...
No description available...
22h ago from Motorsport.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
3d ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
22h ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
1d ago from MotorsportWeek.c...
Alex Palou chooses to view costly Mid-Ohio mistake as...
Alex Palou was not the winner of Sunday’s IndyCar event from Mid-Ohio,...
1d ago from MotorsportWeek.c...
Scott Dixon capitalizes on Alex Palou’s mistake to...
The beginning of a busy stretch for IndyCar got under way on Sunday, with...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
4d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
5d ago from Motorsport.com
New WRC 2027 regulations draw interest from tuners and...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal table bid for 17-year-old wonderkid...
With the headlines dominated by Arsenal's first-team transfer business...
1h ago from FreshArsenal.com
Report: Arsenal have done ‘significant work' on...
It’s been a busy summer already for Arsenal, with plenty of movement...
21m ago from FreshArsenal.com
Liverpool prepare unexpected late push to hijack...
Liverpool are preparing a shock approach to beat Arsenal to the signature...
2h ago from SportsKeeda.com
“Where is he going to play?” - Micah Richards...
Micah Richards is shocked at Arsenal's interest in signing Noni Madueke...
2h ago from SportsKeeda.com
Comments
Hottest News
Tsunoda hits crisis point after chaotic British GP:...
Yuki Tsunoda was once again left with more... Read More »
51m ago from F1i.com
Christian Horner reveals Max Verstappen Red Bull...
Christian Horner has named his ideal replacement... Read More »
40m ago from GPFans.com
Italian media call for instant Lewis Hamilton change as...
The Italian media have delivered a divided... Read More »
2h ago from GPFans.com
