2012 US GP state funding not assured

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)

Replies (0)

Login to reply

AZ Azerbaijan Grand Prix

Local time 

AZAzerbaijan Grand Prix

Local time 

Test calendar

See full test schedule

World Championship standings 2026

Show full world champion standings

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2026

Date
Grand Prix
Circuit
-
Spain
-
Bahrain
-
Bahrain
6 - Mar 8
Australia
13 - Mar 15
China
27 - Mar 29
Japan
10 - Apr 12
Bahrain
17 - Apr 19
Saudi Arabia
1 - May 3
United States of America
22 - May 24
Canada
5 - Jun 7
Monaco
12 - Jun 14
Spain
See full schedule

Formula 1 Calendar - 2026

Date
Grand Prix & Circuit
6 - Mar 8
Australia Albert Park
13 - Mar 15
27 - Mar 29
10 - Apr 12
17 - Apr 19
Saudi Arabia Jeddah Street Circuit
1 - May 3
United States of America Miami International Autodrome
22 - May 24
5 - Jun 7
Monaco Monte Carlo
12 - Jun 14
See full schedule
show sidebar