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
KTM riders say top speed advantage has disappeared in...
No description available...
16h ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
20h ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
1d ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Long Beach – Qualifying Results
A slightly modified format was in play for IndyCar’s Long Beach...
7h ago from MotorsportWeek.c...
Felix Rosenqvist hopes Long Beach pole kickstarts...
No description available...
5h ago from Motorsport.com
Felix Rosenqvist beats Pato O’Ward to Long Beach...
No description available...
7h ago from Motorsport.com
Felix Rosenqvist secures IndyCar pole at Long Beach
25 cars rolled out on the historic Long Beach street circuit Saturday...
7h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
1d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
1d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
European giants eyeing up summer move for Arsenal star...
Ligue 1 giants Paris Saint-Germain (PSG) are reportedly interested in...
55m ago from SportsKeeda.com
Sources: Arsenal and Chelsea could submit 'creative...
Lucas Bergvall is being linked with a move away from Tottenham Hotspur at...
2h ago from CaughtOffside.com
*gulp*
Morning everyone. I was at a party last night and, understandably, a lot...
25m ago from Arseblog.com
Manchester City vs Arsenal: Six things to watch in...
This is the big one – it's Manchester City vs Arsenal at the Etihad...
11h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen Nurburgring Results: NLS 5 Qualifying times...
F1 champion Max Verstappen returns to the... Read More »
1h ago from GPFans.com
Max Verstappen rival has racing licence revoked at...
Stewards from the DMSB had to take decisive... Read More »
55m ago from GPFans.com
Max Verstappen Nurburgring Results: NLS5 Top Qualifying...
F1 champion Max Verstappen returns to the... Read More »
1h ago from GPFans.com
