News Details
COTA chairman: I think we're screwed
The Circuit of the Americas (COTA) has been hit by a funding cut, leading to doubts over the future of the United States Grand Prix. The Texas track made its Formula 1 debut in 2012 and the first four editions have been a major success, but the event is facing uncertainty after the State of Texas announced a 20 percent reduction in funding. The first three races received $25m per year, but it dropped to $19 million for this year's grand prix, leaving the circuit with a $6m shortfall on top of the reduction in ticket sales due to bad weather. 'To use a technical term, I think we're screwed,' circuit chairman Bobby Epstein told the American-Statesman. 'It hit us cold. No one could foresee...
Full Story »
Full Story »
10y ago from PlanetF1.com
0
You May Also Be Interested In...
'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
Funding dispute could end United States GP
A dark cloud has moved above the future of the United States Grand Prix...
10y ago from GrandPrix247.com
Mexico Circuit President Willing to Work with COTA
The President of the Autodromo Hermanos Rodriguez believes that...
10y ago from F1Hub.net
USGP under threat after state subsidy cut
– Doubt has been cast over the future of the United States Grand...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Jorge Lorenzo slams Yamaha riders including Fabio...
Five-time MotoGP champion Jorge Lorenzo slams Yamaha riders, particularly...
1d ago from MotorsportWeek.c...
Why Francesco Bagnaia is "not that worried"...
No description available...
20h ago from Motorsport.com
The mountain Yamaha has to climb with its V4-powered...
No description available...
1d ago from Motorsport.com
Jorge Martin: Marco Bezzecchi was "on another...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
13h ago from MotorsportWeek.c...
Winners and losers from the 2026 IndyCar season-opener...
No description available...
19h ago from Motorsport.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
1d ago from MotorsportWeek.c...
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
3d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'We want to be the best' - Mikel Arteta claims he's...
Mikel Arteta has said he is upset that Arsenal do not score more goals...
35m ago from SportsKeeda.com
Arsenal told to give up Martinelli in swap deal for...
Arsenal’s summer transfer plans could take an unexpected turn, with...
5m ago from CaughtOffside.com
Leaning into Rice and Zubimendi for Brighton trip
Morning. It's another tough one this evening as we visit Brighton, and the...
4h ago from Arseblog.com
Arsenal latest: Arteta set to speak to media LIVE!
No description available...
21h ago from SkySports.com
Comments
Hottest News
Flavio Briatore destroys F1 star as brutal new footage...
Flavio Briatore's brutal approach with one F1... Read More »
1h ago from GPFans.com
Otmar Szafnauer confirmed in new team boss role
Former Alpine Team Principal Otmar Szafnauer has... Read More »
55m ago from MotorsportWeek.com
‘Yes we will’: Vowles makes championship vow for...
James Vowles does not deal in half-measures.... Read More »
1h ago from F1i.com
