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United States GP hopes get tax boost

Hopes are increasing that the embattled United States Grand Prix will in fact take place in October as per the 2016 schedule. Currently, the popular Austin race is marked as 'subject to confirmation' on the 2016 calendar, after the Texan government reduced its annual contribution to the race fee from $25 million to less than $20 million. But F1 supremo Bernie Ecclestone told Forbes at the weekend: 'I think Austin will happen this year. '(Race chief Bobby) Epstein is confident. He knows the money is coming,' Ecclestone told the F1 business journalist Christian Sylt. The reason for Ecclestone and Epstein's buoyed mood may have been explained on Tuesday, in a report by the local Austin...
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10y ago from GrandPrix247.com 0
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