Sitting outside for several hours under the beating sun in central Texas in June wouldn't exactly be what most would call their cup of tea... though you might feel like you were being steeped inside of one. That's why Formula One Management is set on moving next year's inaugural United States Grand Prix at the Circuit of
Unlikely though it may have seemed just a couple of years ago, Austin, Texas, has become the site of a battle between Formula One racing and economic development on the one hand, and government spending restrictions and fiscal responsibility on the other.
If you thought this year's 20-race calendar was already packed, next year's is set to surpass it with a massive 21-race schedule for the 2012 Formula One World Championship.
Austin's F1 track breaks ground – Click above to watch the video after the jump
Back in May, Formula One Group CEO Bernie Ecclestone announced that the racing organization had secured a deal with the city of Austin, Texas to bring the series to America for 10 years. All of that sounded great to American racing fans, but there have been lingering questions as to whether it was possible to get the city ready for F1 by 2012, which is when the contract is scheduled to
Love it or hate it, the Formula One circus is heading to Austin, Texas. The reinstated United States Grand Prix is set to take place in the Lone Star capital city starting in 2012 and the annual event will surely infuse an added boost of tourism revenue into the Austin area. But just how much will the initiative cost Texas taxpayers?
There has been no shortage of entrepreneurs over the last couple of decades hoping to play host to a Formula One race. But as many of them have discovered, hopping into bed with Bernie Ecclestone is a surefire way to prove Roger Penske's motorsports maxim: "The quickest way to make a small fortune in racing is to start with large fortune."
Formula One impresario Bernie Eccelstone wants to bring his series back to the United States, but he's apparently not keen on returning to Indy, site of the U.S. Grand Prix from 2000-2007. Instead, he hopes to stage the race in a big media market like New York City. While the idea of an F1 street course in Manhattan has surfaced repeatedly over the years, anyone familiar with the city will tell you the concept is clearly idiotic.
If you can't bring America to Formula One, then they'll bring Formula One back to America. So while the USF1 effort may have tanked, reports are mounting over the return of the United States Grand Prix to the F1 calendar.
While the New York Auto Show is under way at the Javitz Center, on the opposite side of the globe the Big Apple came up in an entirely different context. Speaking with Italy's sports journal La Gazzetta dello Sport during this past weekend's Australian Grand Prix, Formula One supremo Bernie Ecclestone revealed that n
Now that the USF1 team has received the go-ahead from the FIA as one of the three new teams to join the grid next year, the boys in Charlotte are working away in preparation of an anticipated launch of their first chassis before the end of October. According to team principal Ken Anderson, the design is almost finalized, and they're just waiting for $5 million in machinery and the specs on Noah Joseph
2010 Ducati 848 Nicky Hayden Special Edition - Click above for high-res image gallery
