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 »
9y 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...
9y 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...
9y ago from GrandPrix247.com
Mexico Circuit President Willing to Work with COTA
The President of the Autodromo Hermanos Rodriguez believes that...
9y ago from F1Hub.net
USGP under threat after state subsidy cut
– Doubt has been cast over the future of the United States Grand...
9y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Franco Morbidelli injures collarbone, undergoes...
No description available...
11h ago from Motorsport.com
Pecco Bagnaia: ‘I don’t remember ever being this...
No description available...
11h ago from Motorsport.com
MotoGP German GP: Marc Marquez snatches sprint glory...
No description available...
13h ago from Motorsport.com
Crash rules Maverick Vinales out of next two MotoGP...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward storms to IndyCar Iowa Speedway Race 1...
No description available...
3h ago from Motorsport.com
Pato O’Ward takes IndyCar victory over Josef...
The first race of the Iowa double-header took place on Saturday...
3h ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race 1 Results
The first race of IndyCar’s double-header weekend from Iowa Speedway...
3h ago from MotorsportWeek.c...
Newgarden, Palou each take pole for IndyCar’s Iowa...
Iowa Speedway was the setting for IndyCar’s busy qualifying session on...
8h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Pato O’Ward storms to IndyCar Iowa Speedway Race 1...
No description available...
3h ago from Motorsport.com
WEC São Paulo: Cadillac penalty shakes up starting...
No description available...
6h ago from Motorsport.com
Connor Zilisch wins NASCAR Xfinity Sonoma with epic...
No description available...
4h ago from Motorsport.com
Shane van Gisbergen “shaking” after NASCAR Cup...
No description available...
8h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal target Gyokeres to face disciplinary action at...
Sporting president Frederico Varandas has confirmed that striker Viktor...
9h ago from SkySports.com
Real Madrid Transfer News Roundup: Los Blancos not...
Real Madrid are looking to add more quality to Xabi Alonso's roster before...
9h ago from SportsKeeda.com
Journalist claims Man United could outbid Arsenal in...
Sporting CP striker Viktor Gyokeres continues to be linked with a move...
12h ago from CaughtOffside.com
'An utter disgrace' - Rio Ferdinand blasts Arsenal...
Manchester United legend Rio Ferdinand has hit out at Arsenal fans for...
11h ago from SportsKeeda.com
Comments
Hottest News
Horner offers his opinion regarding the 2026 power unints
Ahead of the introduction of the all-new power... Read More »
4h ago from F1Technical.net
Christian Horner singles out one Red Bull driver as axed F1...
Red Bull's former F1 boss Christian Horner has... Read More »
18h ago from GPFans.com
Lewis Hamilton ‘won’t reply' to celebrity date proposal
F1 legend Lewis Hamilton has reportedly snubbed... Read More »
7h ago from GPFans.com
