- Mar 5, 2013
How federal budget cuts could curb motorsports pageantry
If fully implemented, the sequestration cuts would force the federal government to cut $1.2 trillion from its budget over the next 10 years. The reduced spending mandate slashes across every federal department including the Pentagon. Since the high-flying, pre-race panoply is hardly a necessary expense, you can bet it will be among the first picks of low-hanging budgetary fruit.
Last year, Congress banned the armed services from directly sponsoring race teams and USA Today says the March 10 NASCAR race in Las Vegas could be the last flyover for the Air Force's Thunderbirds.