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
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
14h ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
18h ago from Motorsport.com
Pedro Acosta rates Sepang MotoGP test “six out of...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown “would love” Indy 500 reunion with...
No description available...
1d ago from Motorsport.com
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
2d ago from MotorsportWeek.c...
Arrow McLaren officially opens doors to new home in...
No description available...
1d ago from Motorsport.com
Mick Schumacher building confidence after first...
Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
14h ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
1d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
3d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal plot summer coup for 'incredible' talent who...
Arsenal are interested in signing the Bournemouth attacker Eli Junior...
9h ago from CaughtOffside.com
Arsenal & Real Madrid queue for 90m star as agent...
Newcastle United midfielder Sandro Tonali has been linked with a move away...
9h ago from CaughtOffside.com
Liverpool and Arsenal step up move for 75m star as...
AZ Alkmaar midfielder Kees Smit has been the name on everyone's lips over...
13h ago from CaughtOffside.com
Arsenal latest: Merson - Gunners players don't trust...
No description available...
10h ago from SkySports.com
Comments
Hottest News
F1: Engine row reaching crisis point?
Before a wheel has turned in anger, the start of... Read More »
13h ago from Pitpass.com
Christian Horner reveals why Daniel Ricciardo was never an...
Former Red Bull F1 boss Christian Horner has... Read More »
9h ago from GPFans.com
Lando Norris reveals 'problem' of his mum's rising fame
F1 champion Lando Norris has spoken out about the... Read More »
7h ago from GPFans.com
