News Details
US GP future under threat as Texas cuts state subsidy
The future of the US GP has been thrown into doubt by the news that the Texas state government has dramatically reduced the subsidy it pays to to the Circuit of the Americas, which in effect covers F1's sanction fee. Originally, the state had made a $250m commitment over 10 years, and the race received $25m per year in 2012, 2013, and 2014, but this has been cut to $19.5m for this year. The circuit was made aware of this number before the 2015 race weekend, although the news has only just emerged. It comes on top of the losses caused by the bad weather at this year's event, which led to reduced sales of concessions and also had an impact on the event's viability. "To use a technical...
Full Story »
Full Story »
10y ago from Motorsport.com
0
You May Also Be Interested In...
Hamilton: Brazil win would be a 'salute' to Senna
Lewis Hamilton says that delivering a maiden Brazilian Grand Prix victory...
10y ago from Motorsport.com
Austin's F1 race is in jeopardy, no USGP again?
F1 News Austin's F1 race is in jeopardy, no USGP again? Formula1blog.com...
10y ago from Formula1Blog.com
Factfile: The 2015 Brazilian Grand Prix
– Brazil marks the penultimate stop on the 2015 calendar this...
10y ago from GPUpdate.net
Haas chassis 'probably a better design' than Ferrari
Gene Haas has made a rather bold claim, believing his outfit's chassis is...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
KTM riders say top speed advantage has disappeared in...
No description available...
15h ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
20h ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
1d ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Long Beach – Qualifying Results
A slightly modified format was in play for IndyCar’s Long Beach...
7h ago from MotorsportWeek.c...
Felix Rosenqvist hopes Long Beach pole kickstarts...
No description available...
5h ago from Motorsport.com
Felix Rosenqvist secures IndyCar pole at Long Beach
25 cars rolled out on the historic Long Beach street circuit Saturday...
7h ago from MotorsportWeek.c...
Felix Rosenqvist beats Pato O’Ward to Long Beach...
No description available...
7h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
1d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
1d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
European giants eyeing up summer move for Arsenal star...
Ligue 1 giants Paris Saint-Germain (PSG) are reportedly interested in...
39m ago from SportsKeeda.com
Sources: Arsenal and Chelsea could submit 'creative...
Lucas Bergvall is being linked with a move away from Tottenham Hotspur at...
2h ago from CaughtOffside.com
*gulp*
Morning everyone. I was at a party last night and, understandably, a lot...
9m ago from Arseblog.com
Mikel Arteta's three-word 'final message' to Arsenal...
Arsenal manager Mikel Arteta has sent a simple three-word message to his...
9h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen Nurburgring Results: NLS 5 Qualifying times...
F1 champion Max Verstappen returns to the... Read More »
1h ago from GPFans.com
Max Verstappen rival has racing licence revoked at...
Stewards from the DMSB had to take decisive... Read More »
39m ago from GPFans.com
Max Verstappen Nurburgring Results: NLS5 Top Qualifying...
F1 champion Max Verstappen returns to the... Read More »
1h ago from GPFans.com
