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
Yamaha: ’2026 MotoGP bike not performing badly but...
No description available...
1h ago from Motorsport.com
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
21h ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
1d 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...
20h 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
Sources: Newcastle lead race for 'exceptional' talent...
Newcastle United have attracted a lot of unwanted headlines this week...
48m ago from CaughtOffside.com
Verbal agreement reached as Arsenal & Chelsea...
Fabrizio Romano reports that Juventus attacking midfielder Kenan Yildiz...
18m ago from CaughtOffside.com
'It's not the Champions League final' – Chelsea...
Chelsea legend John Terry has mocked Arsenal for their over-the-top...
2h ago from CaughtOffside.com
Update: Arsenal will try again for midfielder this...
Arsenal are reportedly likely to try again for the transfer of Bayern...
4h ago from CaughtOffside.com
Comments
Hottest News
McLaren shocked by 'strong' Red Bull after testing
McLaren CEO Zak Brown has given his verdict on... Read More »
48m ago from GPFans.com
Thermal warfare: F1 rivals unite to melt Mercedes’ engine...
Behind closed doors and in hurried conference... Read More »
3h ago from F1i.com
Cadillac take over famous landmark as Super Bowl livery...
Cadillac's livery reveal is getting ever closer! Read More »
38m ago from RacingNews365.com
