News Details
COTA given extra time to pay race fee
– Formula 1 supremo Bernie Ecclestone has confirmed that he is giving the Circuit of the Americas extra time to pay the hosting fee for this year's race, amid a reduction in state financial support.The hosting fee, which comes in at just over $30 million, is due to be paid three months ahead of the race, but COTA organisers are still yet to present the funds almost a month after the event."We said they can pay late this year," Ecclestone is quoted by the Austin American-Statesman. "They get money from the state, and the money from the state is late, so that's why they are late."Ecclestone's reprieve comes after the Texas state government confirmed that it is to...
Full Story »
Full Story »
10y ago from GPUpdate.net
0
You May Also Be Interested In...
Austin's F1 race is in jeopardy, no USGP again?
F1 News Austin's F1 race is in jeopardy, no USGP again? Formula1blog.com...
10y ago from Formula1Blog.com
US GP future in doubt
The future of the United States GP at the Circuit of the Americas is in...
10y ago from SkySports.com
US Grand Prix yet to pay F1 fee for 2015
US Grand Prix yet to pay F1 fee for 2015 Bernie Ecclestone hopes Austin...
10y ago from ThisIsF1.com
Race Quotes – Brazilian GP
Brazilian Grand Prix – Starting with race winner Nico Rosberg, read...
10y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro to undergo surgery after vertebral...
No description available...
36m ago from Motorsport.com
Nicolo Bulega is not Ducati's "first choice"...
No description available...
20h ago from Motorsport.com
How Ai Ogura is starting to fulfil his MotoGP potential
No description available...
23h ago from Motorsport.com
Ducati carries out 850cc MotoGP bike shakedown at...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Christian Lundgaard: Bye week a chance to “unite”...
No description available...
11h ago from Motorsport.com
Roger Penske adds voice to discussion on US sports...
Roger Penske, owner of the NTT IndyCar Series and the Indianapolis Motor...
13h ago from MotorsportWeek.c...
Tweaked single-car Fast Six qualifying set for...
No description available...
1d ago from Motorsport.com
OpenAI expands partnership with Chip Ganassi Racing to...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why WRC Croatia victory was “quite special” for...
No description available...
1d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
2d ago from MotorsportWeek.c...
WRC Croatia: Driver crashes… then sits down for...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star open to summer exit, change of agent...
Arsenal forward Gabriel Jesus could find himself at the center of transfer...
26m ago from CaughtOffside.com
'They didn't have an answer' - Thierry Henry explains...
Arsenal legend Thierry Henry reckons Sporting CP could get the better of...
2h ago from SportsKeeda.com
‘No fear. Pure fire’: Mikel Arteta rallies wounded...
ager calls on players and fans to embrace the chance of Champions League...
3h ago from TheGuardian.com
Sources: Arsenal willing to sell Jesus and Havertz to...
Arsenal are intensifying their efforts to secure the signing of Julián...
4h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff reveals ‘heroes' of F1 concern for Mercedes
Toto Wolff has confirmed that Mercedes remains... Read More »
56m ago from MotorsportWeek.com
F1 team boss warns against FIA silver bullet in Miami
Racing Bulls chief Alan Permane believes there... Read More »
46m ago from RacingNews365.com
Toto Wolff explains how a difficult childhood molded his...
Toto Wolff had to work really hard to be where he... Read More »
1h ago from GrandPrix247.com
