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To: Palmetto; Chode; atc23; Bad~Rodeo; Betis70; bobby.223; bobt7818; brf1; briankk; cld51860; ...

Austin GP already in trouble???

Austin council could scupper 2012 US Grand Prix
ESPNF1 Staff
June 8, 2011

According to local Kxan news, council members learned this week that they must sign off as the “endorsing municipality” in order for race organisers to access the $25 million per year promised by the Texas government. That will involve the City of Austin contributing $4 million to the Major Events Trust Fund.

“There is a distinct possibility that if this process doesn’t work, that the project and the 1000 people that are working right now, their jobs could be in jeopardy and the event could be in jeopardy,” Suttle said.

There is no guarantee the Austin council members will play ball. “Apparently there is no plan B,” said one member. “I think that is an interesting assumption to make that something like that is going to be approved.”

http://en.espnf1.com/usracing/motorsport/story/50898.html


48 posted on 06/08/2011 3:47:28 PM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: God luvs America
why am i not surprised... it takes money to make money
49 posted on 06/08/2011 4:28:14 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: God luvs America

I’m not surprised. I long suspected this was a Bernie shakedown for money, and then at the end he’d just say “Sorry, your track isn’t up to standards” and walk away with everybody’s money. Bernie likes having races in the Middle East because they are just as crooked as he is.


50 posted on 06/08/2011 8:08:45 PM PDT by henkster (Every member of Congress must put the fate of the nation over their next re-election campaign)
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