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Old 11-24-2011, 02:25 PM   #1
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Race might be back on

Bosses at the Circuit of the Americas prepared to pay the sanctioning fee for the 2012 United States Grand Prix - but on their terms, not those of Bernie Ecclestone...

Bosses at the Circuit of the Americas have agreed to pay the sanctioning fee required for the 2012 United States Grand Prix and has said it is prepared to put a payment scheme in place for future races - but seemingly not at the terms suggested by Bernie Ecclestone.

The event was thrown into doubt when it was revealed that work had been halted at the circuit near Texas, with contractual issues between Ecclestone and the venue making it appear likely that the race would be dropped from the 2012 schedule.

With Ecclestone having set a deadline for the circuit to show it could put the funds required together, bosses have now confirmed that it is ready to make an 'immediate cash payment of the sanctioning fee for the 2012 United States Grand Prix' and had 'offered to establish an advance payment schedule for USGP races beyond 2012'.

A statement from the circuit said that the offer would secure the race on the calendar once accepted by Ecclestone, although it also revealed it hadn't actually signed Ecclestone's contract and had instead sent back an amended version that didn't contain the 'unrealistic and unfeasible demands' of the original.

“We have been ready to send Mr. Ecclestone a sanctioning fee cheque for some time now,” said Bobby Epstein, founding partner of Circuit of The Americas. “He hasn't received it yet because the new contract presented to us two weeks ago contained unrealistic and unfeasible demands.

“We have signed and returned a contract similar to what we anticipated receiving. This race should be a reality, but if we are going to make the 2012 race date, we must receive a countersignature in the coming few days. We believe the teams, fans, sponsors and local business share our enthusiasm and hope that their voices will be heard.”
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Old 11-24-2011, 04:16 PM   #2
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I meant to post this days ago, but good news nonetheless.

One extra year, but 2013 will bring the trifecta: F1, MotoGP, Aussie V8!@!!!!!!
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Old 11-24-2011, 04:23 PM   #3
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Old 11-24-2011, 05:53 PM   #4
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Old 11-24-2011, 07:29 PM   #5
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Old 12-07-2011, 10:05 AM   #6
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Back on the schedule until Bernie changes his mind again...

US Grand Prix included in F1 calendar for 2012
By Jerome Pugmire
AP Sports Writer
Published December 7, 2011

PARIS — The U.S. Grand Prix has been included on the 2012 Formula One calendar, ending fears the race in Austin, Texas, would be cut for financial reasons.

The sport's governing body said Wednesday on its website that the 2012 "calendar was confirmed as previously published." The unchanged F1 calendar was approved at a World Motor Sport Council meeting in New Delhi, India.

The Nov. 18 event in Austin will mark F1's return to the United States for the first time since 2007.

Last week, F1 boss Bernie Ecclestone gave U.S. GP organizers an extra week to save the Texas race by proving they had the necessary finances in place.

Backers of the race include billionaire businessman Red McCombs, a founding partner of event organizer Circuit of The Americas.

"Mr. Ecclestone received his check today," McCombs said in a statement Wednesday. "We want to thank the fans supporting us, the local officials and businesses that have encouraged us, the State of Texas, Circuit of The Americas' staff and Bernie himself."

Circuit of the Americas officials had pledged to pay F1's sanctioning fee, but a dispute over signing a final contract and the long-term financing had not yet been resolved, prompting Ecclestone to extend the deadline.

The initial dispute was caused by F1's decision to scrap a previous contract it had with Tavo Hellmund, a former driver with family ties to Ecclestone who was originally granted the right to stage the U.S. Grand Prix.

The deal with Hellmund was recently canceled over a contract breach, and F1 officials instead began negotiating with Circuit of the Americas.

"We're glad that Tavo's vision of bringing F1 to the people of Texas will become a reality," said Bobby Epstein, also a Circuit of The Americas founding partner.

F1's presence in the U.S. will increase in 2013, the first year in a 10-year deal that will put a race in New Jersey along the Hudson River waterfront across from Manhattan.

The FIA's ratification of the 20 races also means that the Bahrain Grand Prix is scheduled as the fourth race of the season on April 22.

The 2011 race in Bahrain was supposed to be the season opener in March, but was called off amid violent anti-government protests. FIA wanted to reschedule the race for later this year but that proved impossible.

Sebastian Vettel of Red Bull will start his bid for a third straight F1 title at the Australian Grand Prix in March. The season again ends in Brazil.

Although Vettel ended up dominating this year, the races were the most exciting in many years. There were intriguing duels between Vettel and McLaren drivers Lewis Hamilton and Jenson Button in China, Canada and Germany as Vettel showed signs he could be beaten early in the season before reasserting his supremacy in winning the Belgian GP.

The majority of drivers were pleased with rule changes in 2011 that made racing more exciting, with a greater emphasis put on overtaking and the new Pirelli tires also favoring attacking drivers.

FIA plans to streamline races further next season.

There will be a maximum race time of four hours to ensure that a lengthy suspension of a race does not result in it lasting up to eight hours. Before the safety car returns to the pits all lapped cars will be allowed to return to the back of the pack, ensuring a clean restart without slower cars holding up those in contention.

Also, a driver can use all his allocated tires on the first day's practice, whereas previously only three sets were allowed, and for the first time there will be a three-day test carried out during the season, although FIA did not say when.


AP Sports Writer Jim Vertuno in Austin, Texas, contributed to this report.
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Old 12-07-2011, 10:29 AM   #7
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Old 12-07-2011, 10:45 AM   #8
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Originally Posted by zerobounds View Post
I hope so.

If not, I'll give that old man another black eye.
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Old 12-07-2011, 10:50 AM   #9
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Circuit of the Americas officials said that engineering and construction teams working on the track will resume immediately, ensuring completion for the 2012 race date.

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“We encourage everyone to visit our website and register for information. Registered fans will receive the first communication regarding ticket sales plans. In a matter of weeks we will have more exciting news as we unveil our full calendar of world class events.”

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Old 12-07-2011, 11:40 AM   #10
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Old 12-07-2011, 11:44 AM   #11
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A few more bought
A few more sold

AUSSIE V8 would be awesome, been watching that serious lately.

prob is , they all have alky advertising which is prohibited in the US or at least tele coverage.
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Old 12-08-2011, 11:48 PM   #12
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Patrons and Crown Royal get TV time here in the states with a couple national series. I don't see where it would be a problem. Who cares just get them here.
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