News Details
Commitment to pay $25m provides lifeline for USGP
XPB Images
A commitment from the State of Texas to pay $25million per year in funding for the United States Grand Prix could help save the race. Having first hosted a race in 2012, the round at the Circuit of the Americas (COTA) in Austin is currently marked as subject to agreement with the promoter as a result of financial concerns at the circuit. Originally, the State of Texas had been paying $25m towards the race hosting fee, but this year reduced that amount to $19.5m following a review of its impact on the local area. The contribution comes from a fund which was set up to attract major events to Texas, but the reduction had left the grand prix in doubt due to circuit...
Full Story »
Full Story »
You May Also Be Interested In...
Haryanto seeks $16 million from government for Manor...
Indonesian Rio Haryanto needs to raise $16 million to realise his dream...
9y ago from GrandPrix247.com
Fresh hope for Circuit of the Americas
Barely two weeks after the United States Grand Prix at the Circuit of the...
9y ago from Pitpass.com
Renault paid just £1 to buy Lotus F1 team
Renault paid just £1 to take over the Lotus Formula 1 team when the deal...
9y ago from Motorsport.com
F1 Driver of the Year 2015 - 2nd
2nd – Max Verstappen
Average poll score out of ten: 8.1
Team: Scuderia...
9y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP’s 2026 pre-season schedule is still up in the...
No description available...
1h ago from Motorsport.com
Pedro Acosta reveals how ‘disaster’ Saturday...
Pedro Acosta revealed “KTM is improving in every race” after taking...
3h ago from MotorsportWeek.c...
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
23h ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
1d ago from Motorsport.com
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
1d ago from Motorsport.com
Red Bull eyeing F1 drive for IndyCar champion Alex...
Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...
1d ago from MotorsportWeek.c...
IndyCar Milwaukee – Race Results
The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
5d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
2w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal told to raise their offer by 5 million...
Arsenal are reportedly interested in signing the Palmeiras defender...
2h ago from CaughtOffside.com
Report: Arsenal in pole position to sign rival target...
Arsenal are hoping to improve their defensive unit with the signing of...
2h ago from CaughtOffside.com
'He's got ability where you just can't teach it' -...
Arsenal hero Theo Walcott has compared teenager Max Dowman to Barcelona...
3h ago from SportsKeeda.com
Kai Havertz ruled out of Arsenal and Germany games and...
t;li>Forward sustained knee injury at Manchester UnitedArsenal must...
6h ago from TheGuardian.com
Comments
Hottest News
Valtteri Bottas pinpoints inspiring similarity between...
Valtteri Bottas has contended that he has seen... Read More »
56m ago from MotorsportWeek.com
Sergio Perez calls on fans to unite after F1 return...
Sergio Perez has urged his fans to come together... Read More »
56m ago from GPFans.com
How Red Bull helped Sergio Perez to land Cadillac F1 seat
Cadillac has divulged that it held talks with... Read More »
2h ago from MotorsportWeek.com
