Thread: F1 Austin
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      11-16-2011, 11:25 AM   #159
gary88
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Quote:
Originally Posted by BTM View Post
I may be over simplifying this, but it seems that the builders want a signed contract to continue building. The FOM need the sanctioning fee to sign the contract. The special events fund won't pay the sanctioning fee until the race has shown an economic gain. So...there can't be a track without a contract, there can't be contract without the sanctioning fee, and there can't be a sanctioning fee without a race. To me this sounds like no track, no contract, and no race.
Pretty much. Though the funding from the state has been central to this entire plan from the beginning. How is it now conditional on the actual event happening? Someone somewhere must have reneged on some agreement or contract. I just find it hard to believe that it would have advanced to this stage if there were truly this kind of deadlock from the beginning.



Montreal is closer to here than Austin is anyway
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