F1

State funding for 2012 US GP in doubt - report

By Motorsport.com/GMM

How can we explain to people we're spending that money on race cars?

Dan Patrick

$25 million in state funding for F1's new US grand prix in Austin is in doubt.

The Texas State Senate's finance committee has voted 10-4 to pull the package to assist the development of the under-construction Circuit of the Americas, local KXAN news reports.

"At a time when people are stressed about their schools, stressed about their jobs, stressed about health care and nursing homes, for us to check off $25 million for race cars, I think we make people say where are their priorities," senator Dan Patrick said.

"That $25 million would pay for 500 teacher salaries," he added. "How can we explain to people we're spending that money on race cars?"

But the amendment is only to the senate version of the forthcoming state budget, not the version in the House of Representatives.

The media report said it is likely "most if not all of the incentives" will ultimately be restored.

Write a comment
Show comments
About this article
Series F1
Tags austin, texas, us gp

User photos

Motorheart
F1

Motorheart

1 photos
momomoy52
F1

momomoy52

18 photos
sleboz
F1

sleboz

4 photos
EuroRacer
F1

EuroRacer

45 photos
Josefine Lißner
F1

Josefine Lißner

1 photos
hanmerdesign
F1

hanmerdesign

9 photos
Evan_DeCiren
F1

Evan_DeCiren

30 photos
colfox72
F1

colfox72

1 photos
Upload photo