News Details
Austin set for green light?
Ahead of the busiest schedule in the history of the sport, there remains an asterisk against the United States Grand Prix, due to take place at the Circuit of the Americas in October. The event was placed in doubt - i.e. subject to confirmation - over financial issues, namely the State of Texas reducing its subsidy for the event, having changed the manner in which the (financial) benefits of it are calculated, which led to a cash a shortfall. Already severely hit by the impact the weather had on the entire 2015 weekend, the decision to reduce the subsidy by 20% left organisers unable to meet the financial demands of their contract with FOM whose race hosting fees increase by 10% year on...
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