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
Fermin Aldeguer remains hospitalised after leg surgery
No description available...
3h ago from Motorsport.com
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
1h ago from MotorsportWeek.c...
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
1d ago from Motorsport.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
4d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
4d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Could time bonuses solve the “yo-yo effect” at the...
No description available...
1d ago from Motorsport.com
Dakar 2026, Stage 7: Mattias Ekstrom wins stage after...
No description available...
1d ago from Motorsport.com
Why M-Sport has faith in youth over experience WRC...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
“His performances will go down” - Makelele warns...
Former Chelsea midfielder Claude Makelele wants the club to surround...
1h ago from SportsKeeda.com
Carabao Cup semis live on Sky: Newcastle face new test...
The Carabao Cup returns to Sky Sports this week for the first legs of the...
1h ago from SkySports.com
Arsecast Extra Episode 676 – 12.01.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
3h ago from Arseblog.com
FA Cup third round: 10 talking points from the...
stal Palace’s stars wilt, Manchester City’s youngsters shine, and Liam...
7h ago from TheGuardian.com
Comments
Hottest News
Ex-Ferrari stalwart gives ‘demeaning' Lewis Hamilton...
Former Ferrari performance engineer Jock Clear... Read More »
1h ago from MotorsportWeek.com
‘Not everything is going well': Honda makes startling...
Honda Racing's president Koji Watanabe has... Read More »
3h ago from MotorsportWeek.com
F1: 'We still need more time,' admits Honda boss
'To be honest, not everything is going well,'... Read More »
1h ago from Pitpass.com
