News Details
Boost for COTA as letter guaranteeing funding discovered
The United States Grand Prix held at the Circuit of the Americas in Texas has received fresh hope that its future could be secured, following the discovery of a letter guaranteeing its state funding. Just two weeks after the 2015 event, the new government informed circuit bosses that it would cut its contribution from $25 million annually to just $19.5m, creating a massive funding shortfall. COTA Chairman, Bobby Epstein, admitted they were "screwed" and hinted that they might take legal action against the local government, believing they had a ten-year funding guarantee. Forbes revealed this week that a letter from former state comptroller Susan Combs has now emerged,...
Full Story »
Full Story »
10y ago from GrandPrixTimes.com
0
You May Also Be Interested In...
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
Commitment to pay $25m provides lifeline for USGP
XPB Images
A commitment from the State of Texas to pay...
10y ago from F1i.com
Ecclestone casts more doubt on 2016 USGP
XPB Images
Bernie Ecclestone has voiced his doubts over...
10y ago from F1i.com
Haas on track to roll out new F1 car for Barcelona test
Formula One debutants Haas are on schedule to roll out their new car at...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Only four riders on the current grid have yet to win a...
No description available...
1d ago from Motorsport.com
Explained: the error that led to Fabio Quartararo’s...
No description available...
2d ago from Motorsport.com
MotoGP's tightest title race in years: What...
The numbers back that up. According to Crash.net's post-race breakdown,...
3d ago from MotorsportWeek.c...
How to fix small paint chips like a motorsport mechanic
The good news is that most everyday chips can be stabilised and blended...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Markham – Race Results
The first race on Markham’s new street course had a bit of everything,...
14h ago from MotorsportWeek.c...
Complete IndyCar championship standings after 2026...
No description available...
11h ago from Motorsport.com
Official race results: 2026 IndyCar at Markham
No description available...
14h ago from Motorsport.com
Popular On TotalWRC.com
What to expect from WRC Rally Scotland after FIA test...
No description available...
6d ago from Motorsport.com
Thierry Neuville claims WRC Rally Finland was...
No description available...
1w ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 2026/27 season Q&A - send in your questions!
No description available...
59m ago from SkySports.com
Arsenal could sacrifice defender as Ezri Konsa pursuit...
Arsenal’s pursuit of Ezri Konsa could have a major knock-on effect for...
1h ago from CaughtOffside.com
“That was pathetic” - Stuart Pearce slams Arsenal...
Pundit Stuart Pearce has hit out at Arsenal defender Riccardo Calafiori...
2h ago from SportsKeeda.com
Arsenal superstar hits himself on the face with...
Arsenal midfielder Declan Rice suffered a painful but funny moment as he...
3h ago from SportsKeeda.com
Comments
Hottest News
Lando Norris rubbishes Max Verstappen claim with 'better...
Lando Norris insists 'better drivers' can still... Read More »
59m ago from RacingNews365.com
Steiner casts doubt on Bottas’ Cadillac future: ‘He has...
Former F1 team boss Guenther Steiner has... Read More »
39m ago from F1i.com
Hamilton defends F1 ground-effect era record with bizarre...
Lewis Hamilton has pushed back sharply against... Read More »
1h ago from F1i.com
