News Details
US GP under threat
The future of the US GP in Austin is in doubt as state officials reduce subsidy. Between 2012, the first year of the event at the Circuit of the Americas, and 2014, the state contributed $25m each year as part of a quarter-billion dollar subsidy agreed over the next decade with (then) state comptroller Susan Combs. However, for 2015 the governor's office and COTA confirmed that the state's contribution, which is based on how much economic activity the event generates for the state, would drop to around $19.5m. 'An entire facility was constructed based on that deal,' COTA spokesman Dave Shaw told the Austin American-Statesman. 'If the calculation is changed now, that's effectively changed...
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
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...
10y ago from Motorsport.com
'We're screwed' says COTA chairman as funding is cut
The United States Grand Prix, held at the Circuit of the Americas in...
10y ago from GrandPrixTimes.com
Analysis: F1 structure means tight vote on standard...
As the debate over standard engines rages on in the Formula 1 world,...
10y ago from Motorsport.com
US Grand Prix in jeopardy?
XPB Images
The US Grand Prix in Austin is facing uncertainty...
10y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
18h ago from Motorsport.com
Fermin Aldeguer to attempt MotoGP comeback in Brazil...
No description available...
19h ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
1d ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi praises current health of IndyCar
Long-time team owner Chip Ganassi feels IndyCar is currently in one of...
9h ago from MotorsportWeek.c...
Andretti boss: “I don’t think anything’s a...
No description available...
13h ago from Motorsport.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
2d ago from Motorsport.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
14h ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
2d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Talks taking place over major Arsenal sale, five main...
It's reported that discussions are taking place over a major Arsenal sale...
50m ago from CaughtOffside.com
Mansfield Town vs Arsenal Prediction and Betting Tips...
Mansfield Town and Arsenal will square off in an FA Cup fifth-round tie on...
2h ago from SportsKeeda.com
Saka responds to criticism of Arsenal by insisting...
t;li>Forward says all that matters is they keep winningSaka unconcerned...
8h ago from TheGuardian.com
Chelsea legend John Terry makes Arsenal PL title...
Chelsea legend John Terry believes Arsenal have all but sealed the Premier...
11h ago from SportsKeeda.com
Comments
Hottest News
F1 2026 Australian Grand Prix – FP2 results
Oscar Piastri ended Friday on top of the times... Read More »
1h ago from MotorsportWeek.com
F1 2026 Australian Grand Prix – FP1 results
Charles Leclerc led a Ferrari 1-2 in the first... Read More »
4h ago from MotorsportWeek.com
Lewis Hamilton dramatically avoids horror F1 crash after...
Seven-time F1 champion Lewis Hamilton was... Read More »
2h ago from GPFans.com
