Originally Posted by mastek
Its cause they get to carry guns.
Its true that most new (and old) F1 venues are far away from any major city.
There was and Air Force Base that closed approx. 10 yrs ago - outside of Irvine - i was part of a group/consortium that was looking at building a permanent F1 track there. Everything was in place - except the 300 million USD. A the time (2004) ...no one wanted to invest.
I know Austin is a great city an the people are friendly - im happy for them that they are getting a world-class facility.
But we deserve one more and we have the infastructure to deal with 100k more people over a week/weekend. And you'd be surprised how much property there is nearby LA.
Downtown LA could host a GP as much as i hate temp street circuits, cause we need a proper Race Track out here.
I believe you are talking about Marine Corps Air Station El Toro. I've been there many times for AMG Events (twice) and Taste of Lexus.
However, the organizer will have for fork up more than 650mil USD just to get the four parcels of the land. That was back in 2005, not sure the cost of land 6 years later. But I'm sure the overall cost of construction will be higher. That puts a big burden to the organizers, on top of what they will have to pay to Bernie's bank account.
Where the overall cost to build Circuit of the Americas is just approx 250 mil.
That does not include the landscaping to create elevation difference. Foundations of various buildings and the track. Also prep work to dispose existing buildings and existing runways.
this will also force Top Gear US to go somewhere else. (Not that they're good, just give them a second season chance!)