View Single Post
  #4 (permalink)  
Old 11-16-2011, 09:52 AM
SwiftDB4 SwiftDB4 is offline
CC Member
Visit my Photo Gallery

 
Join Date: Jun 2007
Cobra Make, Engine: SPF GT40
Posts: 237
Not Ranked     
Default

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..
Reply With Quote