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Author Topic: Formula 1 motors back into United States Back to Topics
GasPasserAB

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Edmonton

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Message Posted: Nov 19, 2012 11:58:05 AM

A clock hangs on a wall in the offices of Circuit of The Americas (Cota) in Austin, Texas, counting down to 13:00 on Sunday 18 November, when the five red lights will go off at its track, marking Formula 1's return to the US.

This year's F1 US Grand Prix will be the first since 2007. About 120,000 spectators are expected to cheer on a sport with a turbulent track record in the US.

Some question the viability of F1 in the US because of the phenomenally popular racing sports of Indycar and Nascar.

Cota's track was left almost half completed in 2011 when F1 boss Bernie Ecclestone indicated the deal was off.

But Austin now has its race, with a 10-year contract, and a share in the enormous amounts of money involved, affecting both millionaires and more humble proprietors.

Visit BBC Business News for full article
REPLIES (newest first) Post a Reply
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bston
Champion Author Oklahoma City

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Message Posted: Nov 21, 2012 12:45:49 AM

Depends upon your hobby interests.
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NedW
Champion Author Indianapolis

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Message Posted: Nov 20, 2012 11:33:26 PM

I wonder if it'll come back to the Indianapolis Motor Speedway?
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nsdp
Champion Author San Antonio

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Message Posted: Nov 20, 2012 2:49:08 PM

NHLive Free my comments were meant more to the article comments about the economics of F1 at Austin and surprise of mpg611. I have gotten to see the cars twice this year and enjoyed Montreal more. Funny how Hamilton won both times. Maybe he should pay for me to attend races.

Austin is an incredible track (Istanbul is the only one close) and I loved the race. It took 4 hours to park and get to my seat. In Montreal it takes 20 minutes tops from hotel by subway and I sit in the Senna S curve (stands 11 and 12). Yes the days at Watkins Glen were golden.

The hype was too much for me. My guess is that the race brought about $200 million to the area.

[Edited by: nsdp at 11/20/2012 2:55:15 PM EST]
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virostek
Veteran Author Virginia

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Message Posted: Nov 20, 2012 7:17:20 AM

How many people know the difference between F1 & indy racing? Don't the cars/tracks look identical?
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kkimes
Champion Author Illinois

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Message Posted: Nov 20, 2012 1:28:49 AM

"The Ticket Prices are ridiculous!"

I'm assuming you don't have a clue as to the cost of putting on a F1 race (including paying for the right to have the race).

I doubt the ticket sales came close to covering that cost. To do so, the ticket prices would have to be higher than ridiculous, they'd have to be insane!
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NHLiveFree
Champion Author New Hampshire

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Message Posted: Nov 20, 2012 12:11:05 AM


Sad loser commentary nsdp. Too bad you spent more time whining about the attendees rather than enjoying the best racing series and cars in the world.

The Canadian GP has always been a great racing experience and tradition. Too bad high finances ruined the annual U.S. GP at Watkins Glen which was a real down to earth experience with camping in the infield and down at 'The Bog'. Great times at two great tracks with great people from everywhere. It is a world get together for enjoyment of the sport. A real shame that some do not appreciate the entire experience and the diversity of the fans!
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NHLiveFree
Champion Author New Hampshire

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Message Posted: Nov 20, 2012 12:02:40 AM


A day late and a dollar or two short GasPasser..
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nsdp
Champion Author San Antonio

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Message Posted: Nov 19, 2012 11:51:31 PM

As I said this was not an event put on for the locals. Maybe 10k out of 120k tickets were sold in Texas. Mostly to the geeks in Austin(remember the local motto is Keep Austin Wierd and it voted overwhelmingly for Obama). I would guess a lot of the tickets went to the US Ferrari group; biggest blocks were sold in Mexico which has been a F1 hot bed even after the Mexican Grand Prix got cancelled. Figure $60mill in ticket sales. Hyatt has two 1000 room resorts in the area plus two Hyatts one in SA and the other in Austin and a Grand Hyatt all sold out for the week at $800+ per night plus the Marriott resorts and hotels. Micheal Schumacher spent $20 mill I would guess for a 500 acre ranch west of Austin. I am a regular for the last 20 years at the GP of Canada and I have never seen the turnout of foreign attendees there that I saw in Austin. This looked more like Monaco than any where else. Going to the grocery store today was nearly impossible due to the flood of people from Mexico. Black Friday is going to be a let down locally.

[Edited by: nsdp at 11/19/2012 11:56:07 PM EST]
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lesndave
Champion Author Texas

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Message Posted: Nov 19, 2012 11:10:47 PM

Wow
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mpg611
Champion Author Cleveland

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Message Posted: Nov 19, 2012 10:10:15 PM

The race track at Austin, Texas is beautiful and awesome. What surprised me is that a race series thats more European/Asian would have a Grand Prix in Texas, and we know the BIGTIME social, cultural, political and religious differences between Europe/Asia and Texas.
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nsdp
Champion Author San Antonio

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Message Posted: Nov 19, 2012 6:58:06 PM

md11capt prices are high so the beautiful people don't have to mix with the riffraff.
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nsdp
Champion Author San Antonio

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Message Posted: Nov 19, 2012 6:51:40 PM

It repeats at noon tomorrow 11/20 on Speedvision inHD The track is really stunning. They had a fun-run/walk one lap of the track a week before and the climb up from the start/finish line to turn one and the blind turn is the most amazing turn I have seen in autoracing. I am not sure what the reference to turn 8 at Istanbul is about. That is still the toughest corner I have ever seen in racing but Turn 1 in Austin is a close second.
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md11capt
Champion Author Denver

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Message Posted: Nov 19, 2012 6:35:02 PM

The Ticket Prices are ridiculous!
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BlueberryFocus
All-Star Author Rochester

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Message Posted: Nov 19, 2012 4:39:31 PM

I MISSED IT!!!!!!!
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bigt61
All-Star Author Virginia

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Message Posted: Nov 19, 2012 4:02:03 PM

Beautiful track - very well done. 1st class in every way - Congrats Austin.
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djwhit
Champion Author Ohio

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Message Posted: Nov 19, 2012 2:03:16 PM

THATS GREAT.........
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abacus44
Champion Author Toms River

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Message Posted: Nov 19, 2012 1:55:44 PM

Great to see F1 back in the U.S.!
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gumbyrex
Champion Author Fresno

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Message Posted: Nov 19, 2012 1:50:23 PM

Great news!
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humblepie
Champion Author Toledo

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Message Posted: Nov 19, 2012 12:49:47 PM

much better then nascar
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cdrrod
Champion Author Wisconsin

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Message Posted: Nov 19, 2012 12:41:17 PM

The more, the merrier... welcome aboard!
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