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Austin yet to pay Formula 1 fee for 2015
Formula 1 supremo Bernie Ecclestone hopes Austin can get the future of its US grand prix back on track. It emerged recently that the popular race at the Circuit of the Americas is endangered because the Texas government has wound back state funding. Writing for the local American Statesman newspaper, F1 business journalist Christian Sylt revealed that organisers have not even paid the estimated $33 million fee for the 2015 race. 'We said they can pay late this year,' F1 supremo Ecclestone confirmed. 'They get money from the state, and the money from the state is late, so that's why they are late.' Circuit chief Bobby Epstein has dramatically declared that the funding dispute means the US...
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9y ago from GrandPrix247.com
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