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post #11 of 15 (permalink) Old 12-07-2011, 12:10 PM
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The outstanding fee has reportedly been sent to Bernie...
And when Bernie sees green, things usually start to happen. Hopefully soon.
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post #12 of 15 (permalink) Old 12-07-2011, 03:09 PM
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The outstanding fee has reportedly been sent to Bernie...
but will Bernie cash the cheque after looking at the agreement that was attached. If the agreement was again amended by Texas, Bernie will not cash the cheque and there will be no F1 race...
Let's hope they do come to an agreement.....
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post #13 of 15 (permalink) Old 12-08-2011, 04:36 AM
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Doesn't surprise me a bit.

I'll believe the race in NJ will take place when it actually happens, not before.
Ditto. Been saying this since day one. The only difference is that I think the public, organizers, and the motoring press, are naive.

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post #14 of 15 (permalink) Old 12-08-2011, 08:11 AM Thread Starter
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This article seems to indicate that Bernie has given Austin a green light:

Circuit of Americas construction to resume immediately UPDATE

(GMM) Construction of the 2012 US GP venue in Texas capital Austin is resuming.

Work at the Circuit of the Americas had been halted amid the dispute between event founder Tavo Hellmund, the track's new management and financiers, and F1 chief executive Bernie Ecclestone.

That dispute was settled ahead of Wednesday's deadline of the World Motor Sport Council in India, where the race's inaugural November date was ratified by the FIA.

"We have an agreement," confirmed circuit spokesman Jeff Hahn, according to local KVUE news.

And Ecclestone told the Austin American Statesman newspaper: "Yes, there will be a race. We hope it will be for 10 years."

Founding partner Bobby Epstein suggested that while Wednesday's news is good for the event, it was also a victory for Ecclestone.

"Mr. Ecclestone is a masterful negotiator. He fights hard for his company's best interests," he said.

As the news broke, local reports revealed that heavy machinery was rolling back onto the circuit construction site.

But after the most recent delay, time is now tighter than ever to complete the project ahead of the inaugural race date next November.

"Our construction group said they can get it done," insisted Epstein.
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post #15 of 15 (permalink) Old 01-21-2012, 11:03 PM
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Just FYI.

Circuit Of The Americas

Sent in my 100 bucks. Let's see what happens...
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