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Thanks for the info Steve. Personally I don't favor state governments funding sporting events at all considering the financial bind most are in. I know we're all gearheads, but laying off teachers to pay $25M/year to Ecclestone just doesn't seem right. I know sporting enterprises claim economic benefits for their locales, but I've never seen real financial proof of that. Look at the Olympic Games. Guess that's why F1 is so heavily into Asian races. Maybe their governments can afford to burn thru insane amounts of cash? If the 2 private investors involved with Austin are billionaires why don't they fund the whole deal?
Last edited by SwiftDB4; 11-16-2011 at 10:17 AM..
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