Bernie Ecclestone

Funding dispute could end US grand prix – Bernie

Funding dispute could end US grand prix - Bernie

Funding dispute could end US grand prix – Bernie

A dark cloud has moved above the future of the US grand prix in Austin.

The local Austin American Statesman newspaper reports that the office of the current governor of Texas has dramatically slashed funding to the race from $25 million a year to less than $20m.

Speaking from Brazil, the scene of this weekend’s grand prix, F1 supremo Bernie Ecclestone confirmed: “If it’s changed, it’s going to be difficult to continue the race in Austin.”

And promoter Bobby Epstein agreed: “To use a technical term, I think we’re screwed.”

A spokesman for the Circuit of the Americas, meanwhile, hinted that a legal challenge to the governor’s decision cannot be ruled out.

“An entire facility was constructed based on that deal,” he said. “If the calculation is changed now, that’s effectively changed the terms of the deal.”

Facebook Comments
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked * is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV or any other subsidiary associated with the official Formula One governing organizations The website is an unofficial website, all names and logos used here are property of their respective owners, more specially FORMULA 1, FORMULA ONE, F1, GRAND PRIX and logos and the wide Curves logo are trademarks of Formula One Licensing BV, a Formula One Group Company. Use or depiction of images or trademarks throughout this website is for illustrative and editorial purposes only. Official Formula One information can be found at

Copyright © 2015

To Top