F1

Founder Hellmund sues 2012 US GP

287 views

Mar.4 (GMM) 2012 US Grand Prix founder Tavo Hellmund is suing the Austin event backers.

Tavo Hellmund and Bernie Ecclestone
Tavo Hellmund and Bernie Ecclestone

Photo by: xpb.cc

The latest speed-bump in the Circuit of the Americas project is Hellmund's lawsuit against Bobby Epstein and Red McCombs, claiming he would have made $500,000 per year as chairman for the next decade.

Hellmund also wants "access to the ... books" and "declaration that he cannot be removed as a manager", the lawsuit claims according to the local Austin American Statesman.

Hellmund did not immediately comment, while Epstein said the former promoter no longer works on the project. "This is just a latest step in a pattern of behaviour," said the Circuit of the Americas in a statement. "Mr Hellmund uses negative press to try and create an advantage for himself at every turn."

Write a comment
Show comments
About this article
Series F1
Tags cota, epstein, hellmund, mccombs, us gp

User photos

akazoinho
F1

akazoinho

4 photos
Tim Holmes
F1

Tim Holmes

25 photos
EuroRacer
F1

EuroRacer

38 photos
Evan_DeCiren
F1

Evan_DeCiren

27 photos
jimmykwoods
F1

jimmykwoods

2 photos
nickmossdesign
F1

nickmossdesign

1 photos
EricDebris
F1

EricDebris

411 photos
hanmerdesign
F1

hanmerdesign

7 photos
Upload photo