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F1 to Austin TX for 2012 - 2021
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Peter Zambos



Joined: 22 Jun 2006
Posts: 540
Location: United States, Illinois, near Chicago

PostPosted: Thu May 27, 2010 9:18 am    Post subject: Reply with quote

Chad Stapleton wrote:
ask yourself if you had a spare $300m available to invest, would you consider funding another F1 race venue ?


That's one of parts that I don't get. F1 hasn't been very economically feasible for the facility owners as of late. I would think that, with the fees that FOA dictates, the track would break even after the entire 10 years.

On the other hand, it looks likely to bring in a good deal of money to the Austin area.
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Greg Nelson



Joined: 05 Jan 2004
Posts: 1712

PostPosted: Fri May 28, 2010 3:44 pm    Post subject: Reply with quote

Well I thought the USF1 team was going to race this year too, I'll wait to see the track and grandstands up before I make my ticket purchase.
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Lyle Clark



Joined: 15 May 2002
Posts: 953
Location: United States, Texas, New Braunfels

PostPosted: Fri May 28, 2010 6:35 pm    Post subject: Reply with quote

From the Austin paper

http://www.statesman.com/news/local/track-site-engineers-secured-f1-group-says-711472.html



LC
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Gordon Duax



Joined: 22 Dec 2009
Posts: 139
Location: United States, Texas, San Antonio

PostPosted: Tue Aug 17, 2010 7:54 pm    Post subject: Reply with quote

Well, 3 months later, and it is still a go.

Turns out that Tavo Hellmund is an old buddy of Bernie Ecclestone.

http://www.formula1.com/news/interviews/2010/8/11133.html
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Lyle Clark



Joined: 15 May 2002
Posts: 953
Location: United States, Texas, New Braunfels

PostPosted: Sat Nov 17, 2012 11:41 am    Post subject: Reply with quote

Lyle Clark wrote:
I don't see it happening and will believe it when I see it.


LC


OK, I believe it now! Very Happy


LC
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Gene Heagney



Joined: 07 Aug 2009
Posts: 91
Location: United States, Florida, Cocoa Beach

PostPosted: Sat Nov 17, 2012 5:43 pm    Post subject: Reply with quote

Yes, I think it might happen!
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Volker Krahn



Joined: 08 Apr 2012
Posts: 53
Location: Germany, not USA state, Hanover

PostPosted: Sun Nov 18, 2012 8:40 am    Post subject: Reply with quote

What do you think, is that new circuit now at last the new home of Formula 1 in the U.S? And is the F1 able to thrill the Americans now? Here in Europe, the F1 is extremely popular. But in the U.S.?

Volker
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Aaron Witzke



Joined: 11 Oct 2012
Posts: 27

PostPosted: Sun Nov 18, 2012 11:32 pm    Post subject: Reply with quote

I think the track looks great, however if all the rumors are true in regards to future renting of the track I don't see it working out in the long run. They are trying too hard to be elite/above everyone else by making it seem so exclusive. You don't see tracks like Suzuka and Silverstone make it impossible for a club event/track day to happen at a reasonable cost. Sure the track cost a lot of money to build but this is ridiculous.
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Jim Derrig



Joined: 22 Apr 2008
Posts: 1015
Location: United States, Washington,

PostPosted: Mon Nov 19, 2012 7:43 am    Post subject: Reply with quote

The circuit looks like a legitimate successor to what Watkins Glen used to be. At first I thought the track was mickey mouse, but after watching a few full-speed on boards, I realize it is full of little nuances that would make it challenging to drive. The fact that turn 19 looks to typical but the drivers keep blowing it shows the track is trickier than it looks.

Can it make money without government $$$$? That's the big question.
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Greg Lindahl



Joined: 13 Jan 2011
Posts: 267

PostPosted: Mon Nov 19, 2012 10:22 am    Post subject: Reply with quote

It HAS government $'s from the state of Texas.
Pretty laughable from one of the "keep government out of my business" states.
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Tracy Simmons



Joined: 01 Aug 2001
Posts: 359
Location: United States, Arizona,

PostPosted: Mon Nov 19, 2012 11:27 am    Post subject: Reply with quote

All politics aside, I think the track looks great and really showed that we can compete at anything if we really try. The place was packed all three days and Im sure they made some money.

I have heard through the SCCA region that is putting on a race next March, that the rent is somewhere around $35k a day. The SCCA race will cost $700 to enter the double race weekend, and if its like other SCCA double weekends, that equals about 5 sessions on the track over the entire weekend. You will pay an extra $300 for the Friday test day. That is a pretty expensive entry fee, but I am ready to pay it and run in the FF class. Ive heard through the grapevine they expect 400 entries. If you do the math, they will come out ahead. HSR, the historic series also announced this past weekend that they will be hosting a race at COTA next fall.

Not sure the kart guys would pay those kinds of entry fee's, but then again, its a first class facility and track that we have never been on. I for one, would race with my kart if the chance came up. Im also about 1,000 miles away and wouldnt mind making the haul. I pretty much race my FF now and have not raced a kart race in a year, but would dust off the old beast for an event at COTA.
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