I think Magny-Cours is one of those hindsight things. No one was saying they liked the track until they saw Valencia etc. in the subsequent years.
What's happening in the real middle of nowhere: Elroy, TX?
Well:
$6750 maximum for a PSL and season ticket (V8 Supercars in 2013 included with the 2012 Grand Prix). That's $366.67 per year for the seating license (guarantees the seat for fifteen years), plus $1250 per year to have that seat at every event held at COTA. $625 per race for the first year. Of course that's the high end. Individual, normal ticket sales will likely be in the $300-$600 range. NASCAR seats max out at $250 per seat, which includes meals, private restrooms, a view of the entire track, pre-race pit road/fan area access (not actual garage access; that's separate and usually you need to know someone on a team to get that, same with hot passes to be in the pits for the actual race), and a race that lasts three or four hours compared to F1's ninety minutes. There will be no support races for the United States Grand Prix. Seriously. Not a single one. No idea what general admission to sit on dirt mounds will be; the article mentions it's about $125 at Montréal, which is a massive ripoff. You can't see anything but trees if you do GA at Montréal. $125, might pay that to sit in the T1/T2 grandstand, but only at the very top, great view if you're up top in that grandstand, great by F1/road course standards at least. But that'd run, what, $500, and at Austin, there won't be views like that because the track, assuming it gets built, is too big. But none of that matters, every individual can make their own decision and if I go to New Jersey, it will cost $360 to look at buildings and catch-fencing and maybe possibly hear the cars.
So how are sales going? 11,000 were on the waiting list and are now being solicited. 90% U.S. Americans, 10% international. 39% Texan. [1, for both paragraphs]
Paul Mitchell and Tequila Patrón guy John Paul DeJoria has invested in the project. [2] He has been largely involved in ALMS, though there will not be an ALMS race at the track (yet). He would also like to see drag racing (his daughter does drag racing) added to COTA. [3] This is a really positive development for the track, I think.
Construction...is happening. [4]
It's also a political issue now. I guess F1 should abstain from coming here. The comments on the article are interesting. [5]
Bobby Epstein wants arbitration. Tavo Hellmund wants a public hearing. Draw your own conclusions. [6]
And best for last...the power struggle: Hellmund/Full Throttle want to buy out Red McCombs. Red McCombs has the option to buy them out instead. [7]
Links to all this information:
[1]
http://www.statesman...as-2303252.html
[2]
http://www.statesman..._formula_austin
[3]
http://www.statesman...in-2300962.html
[4]
http://www.statesman..._formula_austin
[5]
http://www.statesman..._formula_austin
[6]
http://www.statesman..._formula_austin
[7]
http://www.statesman...es-2298638.html
My personal conclusions: I have no idea if this is going to happen or not. If it does, I am still convinced it will not be anything close to successful.