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 legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
15h ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
17h ago from Motorsport.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
1d ago from MotorsportWeek.c...
Alex Marquez still involved in Ducati’s MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How to watch IndyCar 2026 at Long Beach: Weekend...
No description available...
14h ago from Motorsport.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
1d ago from Motorsport.com
Experienced engineer Mike O’Gara joins IndyCar as...
IndyCar has announced that Mike O’Gara has joined the series as Vice...
1d ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
1d ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
3d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
David Ornstein drops big Khvicha Kvaratskhelia to...
Journalist David Ornstein has delivered a definitive blow to Arsenal’s...
5h ago from CaughtOffside.com
Tactics Column: Lessons for Arsenal against Man City's...
It may sound counterintuitive, but Mikel Arteta might, before what is...
9h ago from Arseblog.com
Paul Merson predicts Manchester City vs Arsenal,...
Manchester City are the favourites to win the Premier League if they beat...
13h ago from SportsKeeda.com
'Bring it on' – Declan Rice makes strong...
Arsenal midfielder Declan Rice has sent a strong message ahead of the huge...
15h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton makes surprising admission over hated F1 car
Lewis Hamilton endured the worst season of his... Read More »
14m ago from RacingNews365.com
F1 return given green light for 2028 after 13-year absence
The green light has been given internally for a... Read More »
11h ago from GPFans.com
Is Lewis Hamilton moving in with Kim Kardashian? F1 legend...
F1 legend Lewis Hamilton has been spotted with... Read More »
7h ago from GPFans.com
