News Details
Commitment to pay $25m provides lifeline for USGP
XPB Images
A commitment from the State of Texas to pay $25million per year in funding for the United States Grand Prix could help save the race. Having first hosted a race in 2012, the round at the Circuit of the Americas (COTA) in Austin is currently marked as subject to agreement with the promoter as a result of financial concerns at the circuit. Originally, the State of Texas had been paying $25m towards the race hosting fee, but this year reduced that amount to $19.5m following a review of its impact on the local area. The contribution comes from a fund which was set up to attract major events to Texas, but the reduction had left the grand prix in doubt due to circuit...
Full Story »
Full Story »
You May Also Be Interested In...
Haryanto seeks $16 million from government for Manor...
Indonesian Rio Haryanto needs to raise $16 million to realise his dream...
10y ago from GrandPrix247.com
Fresh hope for Circuit of the Americas
Barely two weeks after the United States Grand Prix at the Circuit of the...
10y ago from Pitpass.com
Renault paid just £1 to buy Lotus F1 team
Renault paid just £1 to take over the Lotus Formula 1 team when the deal...
10y ago from Motorsport.com
F1 Driver of the Year 2015 - 2nd
2nd – Max Verstappen
Average poll score out of ten: 8.1
Team: Scuderia...
10y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Construction moving forward at Buenos Aires for...
No description available...
13h ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
19h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
20h ago from MotorsportWeek.c...
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
4d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
5d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sporting vs Arsenal Prediction and Betting Tips |...
Sporting will entertain Arsenal at the Estádio José Alvalade in the...
11h ago from SportsKeeda.com
'You just cannot put your hands on a referee' - Former...
Former PL referee Mark Halsey has criticized Arsenal star Gabriel...
9h ago from SportsKeeda.com
Former Arsenal star explains what needs to happen for...
Former Arsenal star Tony Cascerino has weighed in on what should happen...
10h ago from SportsKeeda.com
Arteta’s ChatGPT Guardiola-ism is down but history...
quadruple dream may be dead but Arsenal are now just four games from...
10h ago from TheGuardian.com
Comments
Hottest News
Lewis Hamilton to Win a Grand Prix Before Charles Leclerc,...
The 2026 Formula One season is barely a handful... Read More »
55m ago from Formula1News.co.uk
Oscar Piastri expresses surprise at 'fundamental overhaul'...
F1 2026 is not quite what Oscar Piastri expected,... Read More »
1h ago from RacingNews365.com
F1 News Today: Christian Horner return called for as FIA...
Does Max Verstappen need Christian Horner to keep... Read More »
35m ago from GPFans.com
