Thread: US F1 Update
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Old 05-28-2010, 01:20 PM
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Texas F1: Q & A reported on AutoWeek.com

" This week's announcement that a United States Grand Prix will be run in Austin, Texas, in 2012 came as a huge surprise, even to the sport's insiders. But race promoter Tavo Hellmund has been dealing with Bernie Ecclestone for more than two years while trying to put the deal together.

Hellmund is adamant that the funding is in place to build the track. It is now known that the state government will provide $25 million per year to help with the expenses of running the event. "



http://www.autoweek.com/article/20100528/F1/100529787
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