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
MotoGP eliminates wildcard riders from 2027 season
No description available...
7h ago from Motorsport.com
CFMoto ‘fully committed’ to supporting potential...
CFMoto Aspar team boss Jorge Martinez says the Chinese manufacturer is...
9h ago from MotorsportWeek.c...
How MotoGP’s energy drink landscape could shift
No description available...
11h ago from Motorsport.com
Keeping Fabio di Giannantonio at VR46 'Plan A', admits...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher shares injury update after breaking...
No description available...
9h ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
7h ago from MotorsportWeek.c...
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
1d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
1d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'Arsenal have got a fantastic player, really...
Liverpool legend Steven Gerrard has claimed he's upset about his former...
4h ago from SportsKeeda.com
Arsenal target two game-changers in huge 250 million...
Arsenal are preparing for a busy transfer window, and they have identified...
5h ago from CaughtOffside.com
Arsenal target 35m-rated UCL semi-finalist with 21 G/A...
Serge Gnabry has been an outstanding performer for Bayern Munich since...
7h ago from CaughtOffside.com
Update: Man Utd could use Sir Alex Ferguson to beat...
Manchester United are reportedly considering using their legendary former...
9h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton title boost, Max Verstappen concern and...
Lewis Hamilton has been handed a major Ferrari... Read More »
51m ago from GPFans.com
F1 fans stunned by $150 hot dog at Miami Grand Prix
F1 fans heading to the Miami Grand Prix this... Read More »
2h ago from GPFans.com
Drivers wary ahead of Miami Grand Prix for make or break...
Formula 1 drivers said the Miami Grand Prix will... Read More »
31m ago from GrandPrix247.com
