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: Marco Bezzecchi was "on another...
No description available...
8h ago from Motorsport.com
Pedro Acosta praises KTM’s ‘really nice job’...
Pedro Acosta has praised KTM’s off-season development for helping him...
8h ago from MotorsportWeek.c...
Michelin reveals what caused Marc Marquez’s dramatic...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou struck “perfection” in St. Petersburg
No description available...
4h ago from Motorsport.com
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
2h ago from MotorsportWeek.c...
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
11h ago from MotorsportWeek.c...
Newgarden gains 16 positions, finishes seventh in...
No description available...
8h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
2d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
4d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
‘Exceptional' Arsenal star makes worrying...
Arsenal defender Riccardo Calafiori has spoken openly about a return to...
43m ago from CaughtOffside.com
Brighton & Hove Albion vs Arsenal Prediction and...
Brighton & Hove Albion will host Arsenal at the American Express Stadium...
4h ago from SportsKeeda.com
After scoring goal in win over Chelsea, Jurrien Timber...
Jurrien Timber has said that Arsenal cannot afford to make costly mistakes...
5h ago from SportsKeeda.com
Paul Merson predicts Brighton vs Arsenal, Aston Villa...
Every week it just gets better for Arsenal in the Premier League! There...
8h ago from SportsKeeda.com
Comments
Hottest News
Retired F1 legend gets lifetime benefits after driving for...
Being a Ferrari driver seems like one of the most... Read More »
53m ago from GPFans.com
Aston Martin in crisis: Honda woes threaten Melbourne ghost...
A cloud of uncertainty is hanging over the Aston... Read More »
5h ago from F1i.com
Aston Martin may retire DELIBERATELY in first F1 race at...
Aston Martin's F1 2026 problems are so bad that... Read More »
4h ago from GPFans.com
