State funding for the 2012 US grand prix venue in Austin, Texas, is not yet guaranteed. Autoweek reports that while construction of the bespoke Circuit of the Americas is well advanced, the matter of $30 million in state funding is still unresolved.
Indeed, the report said even Texas' land commissioner and also the attorney general are not sure if the funds will be released after November's inaugural race. Organiser Steve Sexton said: "We have worked with the local organising committee in following the process to secure and host this international event."
Meanwhile, the president of the 2013 American grand prix in New Jersey, Tom Cotter, is leaving that role at the end of August. He said in a statement he has "full faith in the grand prix of America team and look forward to sitting in the grandstands at a world-class race in 2013." (GMM)
2012 US GP state funding not assured
- Published on 21 Aug 2012 08:32
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- By: Rob Veenstra
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Jan 26
I. Hadjar
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M. Verstappen
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L. Hamilton
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L. Norris
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C. Leclerc
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A. Antonelli
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Bahrain International Circuit - Winter testing
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G. Russell
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Formula 1 Calendar - 2026
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Spain
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Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
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