F1 » Ecclestone sets Austin deadline


Bernie Ecclestone says Circuit of the Americas bosses have a week to save the 2012 United States Grand Prix

Sort Comments: Oldest | Newest

Caroline - Unregistered

November 18, 2011 10:54 AM

The politicians and businessmen of Austin should take a trip to India and see how private enterprise works.

Although judging by Governor Rick Perry's recent TV appearance, he probably couldn't find the airport without his carers help.

jose - Unregistered

November 18, 2011 1:16 PM

Caroline .. willing to bet the money Junkies were looking for the Texas
tax payers to lay out some cash to help fund the project.
Handout, bailout, by elected officials has come to an end in the U.S.
So, oil well boys you have to come up with the cash. Uncle Bernie is not
going to foot the bill. Bernie is all business, no cash, no track, no F1
race. The oil money is at hand, or you guys can try the IMF.

Jose

Dario - Unregistered

November 18, 2011 1:44 PM

Are we seriously comparing the US to India? Sure, people may make use of aid for food, but there's a whole level of poor that you have to go down to reach what many experience in India.

No one really cares about F1 in the US, so the money is going to come mostly from private enterprise, versus all the government help in other parts of the world that want to be involved in the show. At least that's what it looks like to me.

Syke

November 18, 2011 2:36 PM

Dario,

As it should be. I've got serious reservations of the US government (or any other government, for that matter) spending money for the sake of entertainment. If you want a new stadium/arena/racetrack, they who intend to profit on the venture should put up all the expense. Period. Obviously, I'm a few decades out of date.

Caroline - Unregistered

November 18, 2011 3:59 PM

@jose
@Skye

The COTA is/was being built using private money, only the sanctioning fee was to come from the Major Events Trust Fund, as it has been used before for other events, and as the Texas Comptroller's office said:

"$25 million will go to F1 before the event. Then, it's a reimbursement every year after that."

ie: they get the money back.

But since NY/NJ was announced, Austin seem want the race for free, but the teams aren't going to race for free.

Tavo is in the process of being bought out by COTA, whether this can be achieved in time is doubtful, and whether Austin honour their previous agreement is even more unlikely.

Frank Wank - Unregistered

November 18, 2011 4:21 PM


Well...they have a nice pile of sand, picture looks like another Middle East race with sand blowing up the crack of yr ass...

Sadly another botched US GP attempt that looks like it will never happen. Somewhere in the middle of Texas in the summer, your kidding right?

Oh well we still have New Jersey in the springtime :)
Will be cool to see F1 cars dodging 3 foot wide potholes. Pirelli will have to design special USGP big fat all-terrian Jersey tires. CAN HARDLY WAIT!

The Jersey race will happen, right? Should I book my hotel now?
/


Page 1 of 3
1 2 3  »

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.

© 1999 - 2014 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.