News Details

US Grand Prix boosted by $27m payout

The Texas home of Formula 1 in the U.S. was denied the chance to host a race this year, but has received its big state payment to cover expenses for the 2019 U.S. Grand Prix. Texas made its annual payment to the beleaguered Circuit of the Americas in Austin, sending nearly $27 million on July 2, according to state records. That was about three weeks before F1 formally cancelled the 2020 U.S. Grand Prix due to the coronavirus pandemic. That race was supposed to be held in late October. The money will pay the costs of staging the 2019 race, track Chairman Bobby Epstein said Tuesday. That includes a massive rights fee estimated at about $30 million paid to F1 just to host the race. “This is...
Full Story »
1mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Silverstone boss: The piggy bank’s nearly dry

A half-built hotel and empty grandstands provide the backdrop to the...
1mo ago from GrandPrix247.com

Hamilton: ‘Heart nearly stopped' when tyre let go

British Grand Prix – Mercedes' Lewis Hamilton claimed victory at...
1mo ago from FormulaSpy.com

'My heart nearly stopped,' says Hamilton

Race-winner, Lewis Hamilton says his 'heart nearly stopped' during the...
1mo ago from Pitpass.com

Hamilton’s “heart nearly stopped” after last-lap...

Formula 1 world champion Lewis Hamilton says his “heart nearly...
1mo ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Quartararo 'can't replace' Rossi at Yamaha in MotoGP

Fabio Quartararo admits he "can't replace" Valentino Rossi when...
3h ago from AutoSport.com

Honda have to change MotoGP bike 'more than expected'

Honda came into the MotoGP season seeking their seventh riders' title...
3h ago from Crash.net

Quartararo: I can't replace Rossi at Yamaha in MotoGP

Fabio Quartararo admits he "can't replace" Valentino Rossi when...
4h ago from AutoSport.com

Popular On IndyCarToday.com

IndyCar reveals 2021 schedule without COTA, Iowa,...

The 2021 schedule for the NTT IndyCar series has been released, with the...

IndyCar reveals 2021 calendar, two ovals gone

The IndyCar Series has released a 17-race calendar for the 2021 season...
1h ago from AutoSport.com

Popular On TotalWRC.com

Loeb Leaves Hyundai WRC Team, Enters 2021 Dakar With...

Hyundai Motorsport has confirmed nine-time WRC champion Sébastien Loeb is...
40m ago from TheCheckeredFlag...

Breen Confirmed to Enter Ypres with Hyundai

Craig Breen will drive the third Hyundai i20 WRC at the 2020 FIA World...

How Does The Rumored 2021 FIA World Rally Championship...

Pontus Lindroos looks at some of the rumored changes to the 2021 FIA World...

Delecour to Debut Alpine A110 R-GT at Rallye Monte...

Francois Delecour is set to debut the all-new Alpine A110 R-GT in the FIA...

Popular On GunnersToday.com

Arsenal's Thomas Partey transfer stance as Lucas...

Arsenal are reportedly no longer pursuing a move for Atletico Madrid star...
2h ago from DailyStar.co.uk

Transfer Q&A: Sancho to Man Utd latest, Arsenal eye...

The clock is ticking and with the October 5 transfer deadline quickly...
3h ago from Express.co.uk

England squad news: Man Utd star axed as Gareth...

Gareth Southgate has named his England squad for the triple-header...
3h ago from Express.co.uk

Reports: Juventus make contact with Arsenal target...

Varun Totadri FOLLOW TOP CONTRIBUTOR Modified 01 Oct 2020, 19:58 IST News...
2h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.