News Details
Fresh hope for Circuit of the Americas
Barely two weeks after the United States Grand Prix at the Circuit of the Americas, the circuit created specifically for the (successful) return of F1 to the country, it emerged that after just four Grands Prix, the event is under threat. The threat comes in the form of a serious reduction in the subsidy provided by the State of Texas, leading to COTA Chairman, Bobby Epstein, admitting: 'To use a technical term, I think we're screwed.' Between 2012, the first year of the event at the circuit, and 2014, the state contributed $25m each year as part of a quarter-billion dollar subsidy agreed over the next decade with (previous) state comptroller Susan Combs. However, for 2015, with a new...
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