News Details
Boost for COTA as letter guaranteeing funding discovered
The United States Grand Prix held at the Circuit of the Americas in Texas has received fresh hope that its future could be secured, following the discovery of a letter guaranteeing its state funding. Just two weeks after the 2015 event, the new government informed circuit bosses that it would cut its contribution from $25 million annually to just $19.5m, creating a massive funding shortfall. COTA Chairman, Bobby Epstein, admitted they were "screwed" and hinted that they might take legal action against the local government, believing they had a ten-year funding guarantee. Forbes revealed this week that a letter from former state comptroller Susan Combs has now emerged,...
Full Story »
Full Story »
10y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
Fresh hope for Circuit of the Americas
Barely two weeks after the United States Grand Prix at the Circuit of the...
10y ago from Pitpass.com
Commitment to pay $25m provides lifeline for USGP
XPB Images
A commitment from the State of Texas to pay...
10y ago from F1i.com
Ecclestone casts more doubt on 2016 USGP
XPB Images
Bernie Ecclestone has voiced his doubts over...
10y ago from F1i.com
Haas on track to roll out new F1 car for Barcelona test
Formula One debutants Haas are on schedule to roll out their new car at...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin sought Marc Marquez’s advice before...
No description available...
4h ago from Motorsport.com
Davide Brivio: Trackhouse looking to remain Aprilia's...
Team boss Davide Brivio has revealed that Trackhouse Racing is looking to...
6h ago from MotorsportWeek.c...
Joan Mir fears early silly season could leave MotoGP...
No description available...
1d ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Honda quick in IndyCar Sebring test, Grosjean tests...
Nearly the entire IndyCar paddock was present at Sebring International...
1h ago from MotorsportWeek.c...
IndyCar Sebring test: Marcus Armstrong leads Day 2,...
No description available...
16h ago from Motorsport.com
Josef Newgarden views 2026 as a ‘hard reset’ after...
Josef Newgarden is coming off one of his toughest years in IndyCar,...
18h ago from MotorsportWeek.c...
Scott Dixon to be inducted into IMS Hall of Fame
The Indianapolis Motor Speedway Museum has announced today that IndyCar...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
1d ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
5d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
5d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal boss Mikel Arteta's classy response to Thomas...
Arsenal manager Mikel Arteta gave a classy response to the news that...
1h ago from CaughtOffside.com
'Shut up about Arsenal' – Spurs players shared...
Tottenham players were reportedly unimpressed by former manager Thomas...
2h ago from CaughtOffside.com
Journalist claims important Arsenal talks 'moving in a...
Arsenal's talks over a new contract for Kai Havertz are reportedly moving...
6h ago from CaughtOffside.com
Brentford vs Arsenal Prediction and Betting Tips |...
Brentford and Arsenal will battle for three points in a Premier League...
8h ago from SportsKeeda.com
Comments
Hottest News
LIVE: 2026 F1 Bahrain Pre-Season 1st Test - Day 1
Follow along with the first day of the first... Read More »
10h ago from RacingNews365.com
LIVE: Reaction as Norris fastest in Bahrain testing as...
Follow along with the first day of the first... Read More »
46m ago from RacingNews365.com
Audi shocks at F1 Bahrain test with radical sidepod gamble
As Formula 1 teams resumed in Bahrain their... Read More »
4h ago from F1i.com
