News Details
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 Texas state government has dramatically reduced the subsidy it pays to to the Circuit of the Americas, which in effect covers F1's sanction fee. Originally, the state had made a $250m commitment over 10 years, and the race received $25m per year in 2012, 2013, and 2014, but this has been cut to $19.5m for this year. The circuit was made aware of this number before the 2015 race weekend, although the news has only just emerged. It comes on top of the losses caused by the bad weather at this year's event, which led to reduced sales of concessions and also had an impact on the event's viability. "To use a technical...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
Hamilton: Brazil win would be a 'salute' to Senna
Lewis Hamilton says that delivering a maiden Brazilian Grand Prix victory...
9y ago from Motorsport.com
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
Factfile: The 2015 Brazilian Grand Prix
– Brazil marks the penultimate stop on the 2015 calendar this...
9y ago from GPUpdate.net
Haas chassis 'probably a better design' than Ferrari
Gene Haas has made a rather bold claim, believing his outfit's chassis is...
9y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
2d ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
2d ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
2d ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Josef Newgarden crashes out of IndyCar Mid Ohio 200 on...
No description available...
40m ago from Motorsport.com
Alex Palou smokes the field to secure IndyCar pole at...
IndyCar is visiting another of its iconic natural terrain road courses...
22h ago from MotorsportWeek.c...
Alex Palou adds a Mid Ohio pole position to his...
No description available...
22h ago from Motorsport.com
Alex Palou flies to the front in second IndyCar...
On Saturday morning, IndyCar headed back out on track to complete their...
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...
2d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
3d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Report: Two Premier League clubs in talks to sign...
Arsenal transfers have been going crazy in the last week, in terms of...
4h ago from FreshArsenal.com
What next for Benjamin Sesko as Arsenal advance in...
Arsenal are now widely reported as advancing in talks to sign Sporting...
4h ago from CaughtOffside.com
Fabrizio Romano reveals 'secret' Arsenal transfer...
Fabrizio Romano has lifted the lid on 'secret' talks that took place...
5h ago from CaughtOffside.com
Arsenal finally announce Zubimendi signing as he names...
Arsenal have finally announced the signing of Spanish central midfielder...
5h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen shocked by 'extreme' Oscar Piastri penalty
Oscar Piastri received a hefty 10-second time... Read More »
1h ago from RacingNews365.com
Lewis Hamilton seeking sit down with Ferrari designers amid...
Lewis Hamilton endured a challenging afternoon... Read More »
59m ago from MotorsportWeek.com
FIA announce late demotion for F1 star at British Grand Prix
Things have just gone from bad to worse for one... Read More »
7h ago from GPFans.com
