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Old 11-19-2011, 11:06 AM
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UPDATE: WSJ Saturday Nov 19 " Austin's Formula One Dream Stalls ":

By NATHAN KOPPEL and A.J. BAIME

" AUSTIN, Texas—Auto-racing fans plan to gather at the Hitchin' Post over beer and burgers Saturday to begin the one-year countdown to a much-hyped Formula One race here.

But the United States Grand Prix may never get to the starting line because of disputes between the local and international organizers. The local partners said Tuesday they were halting construction on the 3.4-mile racetrack southeast of downtown that has been projected to cost more than $250 million. "



Austin's Formula One Dreams Stall - WSJ.com
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