COTA Chairman: 'I Think We're Screwed.'

Just weeks following the conclusion of a rain-soaked United States Grand Prix at the Circuit of the Americas in Austin, Texas, certain details are coming to light that threaten the continuation of the event — and quite possibly operation of the facility as a whole.

One of the many pieces that keeps the event in Austin is the state’s Major Events Trust Fund, which has provided $25 million a year to race promoters since COTA began hosting Formula 1 in 2012.

It was believed the annual $25 million payment was assured for at least 10 years, for a total commitment of $250 million, to be paid by the State of Texas. However, a change in government and an audit of how the fund calculates major events payments has meant race organizers received just $19.5 million for 2015, or $5.5 million less than what was expected.

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Sports Car Racing At COTA, Yo

Motorsports coverage is rarely part of TTAC’s remit, but I would be remiss if I failed to mention the first Grand-Am race at Circuit of the Americas. It’s great to have another world-class track in the United States, and there was some great racing there this past week.

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Hold On To My A-Pillar, I'm Gonna Drive This Here Porsh

This is making the rounds of the driver-training people on Facebook right now. It’s interesting to watch for a few reasons. Critique it yourself then click the jump.

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  • ToolGuy Have you seen Honda's latest business plan? Neither has Honda.
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  • Dwford The first all new Dodge in 8-10 years and it's a quick rebadge of an Alfa Romeo. And the people at Stellantis are mad at US??? They aren't serious about restoring Dodge or Chrysler.