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Future F1 site revealed

Here's the latest on the track's "proposed" location. I'll believe it when I'm down there licking barbeque sauce of my fingers in Lockhart, 15 minutes away, the day before the race. Until then, I'll keep going to Kansas City for barbeque and Montreal for F1.

Tom
 

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Good Lord what a disaster waiting to happen!

Future F1 site revealed

Here's the latest on the track's "proposed" location. I'll believe it when I'm down there licking barbeque sauce of my fingers in Lockhart, 15 minutes away, the day before the race. Until then, I'll keep going to Kansas City for barbeque and Montreal for F1.

Tom
That plot of land should be called 'Wondering Creek'.


rotfl
 

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Yep, that billionaire "Red" McCombs" is a business idiot. It looks like Moto GP will also be coming since Kevin Schwantz is also an investor.
 

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How much $$ does an F1 event really bring to an area? Plenty of events host 100,000 people, how many of those can support the 100's of millions needed to make this site viable?
Sure you have tickets, hotels, eateries, all the peripheral stuff. But does that math actually work out?
 

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F1 does not make sense as a business investment however McCombs has stated that his interest is in boosting Texas and Austin's International reputation. If you had made billions that you could not possibly spend and had already donated $50 million to the University of Texas, why not put a couple hundred mill in F1?
 

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Good Lord are you reaching Fuzz!

Yep, that billionaire "Red" McCombs" is a business idiot. It looks like Moto GP will also be coming since Kevin Schwantz is also an investor.
If ol' McCombs wants to erect a shrine to his passions than by all means he should do so with ZERO tax-payer funds.

Done. :rolleyes:
 

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If ol' McCombs wants to erect a shrine to his passions than by all means he should do so with ZERO tax-payer funds.

Done. :rolleyes:
The state funds are based on tax revenue generated by the race. They are not spent on the track being built nor are they spent until the track is built and the race is a done deal. Since similar funds have already been spent on bringing football and basketball to Texas and the state made far more in tax revenue, certainly a car fan would not object nor anyone interested in the huge boost it provides to the Austin economy.
 

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Just look at the huge boost F1 provied to the Indianapolis economy Fuzz!

The state funds are based on tax revenue generated by the race. They are not spent on the track being built nor are they spent until the track is built and the race is a done deal. Since similar funds have already been spent on bringing football and basketball to Texas and the state made far more in tax revenue, certainly a car fan would not object nor anyone interested in the huge boost it provides to the Austin economy.
Allow me to start off this brew-ha-ha by stating I would love, love, love, to have a Grand Prix in Austin, Texas. However... the way this little gem is spooling up is going to cost the Texas taypayers in the end. And by in the end... I mean they'll be getting it good in the end. These 'investors' and that little 'promoter' are going to attempt to surf funds directly from state coffers. This track will be close to $300,000,000 and chance. You truly believe all that cash is going to be paid by Red and his fellow 'investors'?

This thing stinks to high heaven amigo.


:eek:
 

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Allow me to start off this brew-ha-ha by stating I would love, love, love, to have a Grand Prix in Austin, Texas. However... the way this little gem is spooling up is going to cost the Texas taypayers in the end. And by in the end... I mean they'll be getting it good in the end. These 'investors' and that little 'promoter' are going to attempt to surf funds directly from state coffers. This track will be close to $300,000,000 and chance. You truly believe all that cash is going to be paid by Red and his fellow 'investors'?

This thing stinks to high heaven amigo.


:eek:
You are obviously a big football/basketball fan because similar amounts of money have already been spent from this $295 million fund to attract a variety of football/basketball events. Arlington is receiving $31.5 million to bring the Superbowl there. The state also spends a lot of money attracting
businesses such as the Toyota plant in San Antonio and the GM plant in Fort Worth. The Texas F1 race would not happen without Texas kicking in from the fund IMO. The end results is 2000+ jobs created, much more in tax revenue than the $25 mill. investment and a huge boom to the Austin economy. You think we would be better off if the state wasn't investing in bringing this project to Texas and it went elsewhere because that is what would have happened without the state funds?
 

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Rednecks understand football and basketball compadre!

You are obviously a big football/basketball fan because similar amounts of money have already been spent from this $295 million fund to attract a variety of football/basketball events. Arlington is receiving $31.5 million to bring the Superbowl there. The state also spends a lot of money attracting
businesses such as the Toyota plant in San Antonio and the GM plant in Fort Worth.

The Texas F1 race would not happen without Texas kicking in from the fund IMO. The end results is 2000+ jobs created, much more in tax revenue than the $25 mill. investment and a huge boom to the Austin economy. You think we would be better off if the state wasn't investing in bringing this project to Texas and it went elsewhere because that is what would have happened without the state funds?
The bulk of Americans have no concept of what a F1 race even is. Another open-wheeled race. Where's Danica? ;)

There is no racing heritage in Austin. We're all getting excited because we know that these are the most sophisticated racing machines on the planet. But being a Love_Ah of Formula One in Texas is on par with those here that still own a Members Only jacket. Very few.

Truly believe that putting a goofy fellow like this Tavo as point man was a mistake. They used him as a contact to Bernie but come the Hell on. Speaking of Eccelestone... he is the main reason why I would bail on this entire project toot sweet.

McCombs and 'investors' want this track so bad than let them fund the sumbitch themselves and keep the state completely out of this entire deal. Fail to see how an idle track during most of the year is going to create 2000 jobs.

Latest thang on the grapevine is that those 900 acres on the proposed site have some endangered species hanging about. The Golden-cheeked Warbler and a Bone Cave Harvestman. Apparently there's are some underground activity in that hood. -eek-



:shift:
 

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Again, I'm all for having an F1 race only an hour away. But logistically (never mind the financial aspect) I don't see how they are going to meet the proposed schedule of 2012. They haven't even done the land deal for sure? My God. How fast do they think they can handle the legal red tape, organize the resources, physically lay the track, land scape, build the facilities (including all the IT associated with F1 races - LAN, security servers, testing, debugging, etc etc), inspect, test, fix the problems inevitably found, and so forth? Sorry, but I just can't see it happening. Possible? Sure -- anything is. But likely? No way. Better chance of me being the next driver for Lotus Racing.
 

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Makes you wonder why these Rednecks just can't be on the up & up amigo!

Again, I'm all for having an F1 race only an hour away. But logistically (never mind the financial aspect) I don't see how they are going to meet the proposed schedule of 2012. They haven't even done the land deal for sure? My God. How fast do they think they can handle the legal red tape, organize the resources, physically lay the track, land scape, build the facilities (including all the IT associated with F1 races - LAN, security servers, testing, debugging, etc etc), inspect, test, fix the problems inevitably found, and so forth? Sorry, but I just can't see it happening. Possible? Sure -- anything is. But likely? No way. Better chance of me being the next driver for Lotus Racing.
Check out this writer from ESPN Sports. Very entertaining. :D

Ryan McGee: I'll believe an F1 race will be in Austin, Texas, when I see one - ESPN



:cool:
 

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Just caught your glaring mistake michacho!

I'll believe it when I'm down there licking barbeque sauce of my fingers in Lockhart, 15 minutes away...

Tom
The Big Three BBQ spots in Lockhart, Texas don't provide sauce at their joints. Why? They think it detracts from the meat.


:D
 

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Discussion Starter #79

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Now the track has a name - Circuit of the Americas. Also, MotoGP is on board :clap: Latest details indicate no delays, track is on schedule to open by June 2012 (knock on wood).

Circuit of the Americas F1 track details announced | kvue.com | KVUE News | Austin, TX | Breaking News

Austin GP promoters: MotoGP confirmed to join F1 at Circuit of the Americas - AutoWeek Magazine
I still see no way they have a fully-functioning track, with pits/paddock/seats/support buildings/access roads done by next June.

coincidence that MotoGP signed up starting in 2013? :)

I also don't see 3 MotoGP races being supported in the US, unless someone starts heavily promoting the US riders in that series (particularly Spies and Hayden)
 
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