E90Post
 


GetBMWParts
 
BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > Professional Motorsport Racing Discussion (ALMS, DTM, Formula 1, Grand-AM, Le Mans, IRL, WRC, etc..) > F1 Austin



Reply
 
Thread Tools Search this Thread
      05-14-2011, 03:44 PM   #67
Echo M3
Major
 
Drives: E90 M3
Join Date: Sep 2009
Location: NY

Posts: 1,431
iTrader: (0)

T2-T6 look so similar to Silverstone - it'll be awesome watching the cars go through there.
Echo M3 is offline   No_Country
0
Reply With Quote
      05-14-2011, 08:45 PM   #68
UltimateBMW
Brigadier General
 
UltimateBMW's Avatar
 
Drives: MP4
Join Date: Dec 2006
Location: South

Posts: 3,287
iTrader: (0)

Pay $25mil to gain $300mil a year. Sounds good to me. Even if they only get a fraction of that, they only need to get 10% of plan to break even. So they can still save those 500 teachers.

If they make full plan, they could potentially reinstate much more than that. So I don't really see the issue. It's probably just drama queens looking for whatever they can to bitch about.
__________________
UltimateBMW is offline  
0
Reply With Quote
      05-15-2011, 06:16 PM   #69
gary88
Ikea enthusiast
 
gary88's Avatar
 
Drives: '07 E92 335i
Join Date: Dec 2009
Location: Chicago, IL

Posts: 7,978
iTrader: (3)

Garage List
2007 E92 335i  [3.91]
Just make the teachers work at the track
__________________

garyhebdingjr.com | flickr | Instagram@garyhebding
gary88 is offline   United_States
0
Reply With Quote
      05-15-2011, 11:19 PM   #70
CDM3DCT
Second Lieutenant
 
CDM3DCT's Avatar
 
Drives: Jet Black M3 DCT
Join Date: Dec 2010
Location: Maryland

Posts: 283
iTrader: (0)

Quote:
Originally Posted by gary88 View Post
Just make the teachers work at the track
Here is a shot out of a cannon: hire more professional racing teachers...
CDM3DCT is offline  
0
Reply With Quote
      05-19-2011, 08:07 AM   #71
F1Flagger
Private First Class
 
Drives: 2011 128i
Join Date: Apr 2011
Location: N.E. PA.

Posts: 101
iTrader: (0)

My two cents on this.
Austin will follow Montreal on the 2012 F1 Calender. That is how it was set up with Indy. The need to consider travel costs, so November will not happen.
A race in NYC.... I will not say never.. but for it to happen would take Government involvement. (at a National Level) That is where all the new venues are coming from and have so for the last 8-10 years. No other way to come up with the fees needed to put on a F1 Race.
Monticello while it is certainly a VERY nice track, and supposedly meets FIA standards. If you have never been there.... it need a lot of infrastructure work. (Garages,pits access roads) Not that that can't be done.

Then you have to take into consideration the surrounding area... The Teams would have to commute to an from NYC. The Monticello area is... how to put it politely.... a welfare area.

Again my opinion, based on being a Marshal and worked F1 events for the past 12 years.

Austin is a great city. If they take their lead from Montreal it will be fantastic! I am looking forward to working back-to-back F1 Races in N. America again next year!!
F1Flagger is offline   United_States
0
Reply With Quote
      06-03-2011, 07:57 PM   #72
yermo
You know I am kind of a big deal...
 
yermo's Avatar
 
Drives: 335i
Join Date: Mar 2009
Location: SoCal

Posts: 268
iTrader: (1)

June 17, 2012- USA GP. Hotel room is book already!!!!!
yermo is offline   United_States
0
Reply With Quote
      06-03-2011, 08:58 PM   #73
UltimateBMW
Brigadier General
 
UltimateBMW's Avatar
 
Drives: MP4
Join Date: Dec 2006
Location: South

Posts: 3,287
iTrader: (0)

Hope it's near the track!

Early projects estimated 12hrs of travel just from the City core. Granted, the infrastructure should be improved by the time the race weekend comes. I'll have to find myself a room, and pick which stands I want to be in. 2012 will be special since it will be the first and last time that track likely sees NA F1 engines.

I also can't believe it'll be in June. It's been high 90's all week here. This will surely be one of the hottest races of the year. Here is the 2012 calendar.

2012 Calendar
11 Mar Bahrain
18 Mar Australia
01 Apr Malaysia
08 Apr China
22 Apr Korea
06 May Turkey *
20 May Spain
27 May Monaco
10 Jun Canada
17 Jun USA United States
01 Jul Valencia, Spain
15 Jul Great Britain
29 Jul Germany
05 Aug Hungary
02 Sept Belgium
09 Sept Italy
30 Sept Singapore
14 Oct Japan
28 Oct India
11 Nov Abu Dhabi
25 Nov Brazil
__________________
UltimateBMW is offline  
0
Reply With Quote
      06-03-2011, 09:03 PM   #74
UltimateBMW
Brigadier General
 
UltimateBMW's Avatar
 
Drives: MP4
Join Date: Dec 2006
Location: South

Posts: 3,287
iTrader: (0)

Here is a 1 month time lapse video of the track under construction.

__________________
UltimateBMW is offline  
0
Reply With Quote
      06-03-2011, 09:37 PM   #75
yermo
You know I am kind of a big deal...
 
yermo's Avatar
 
Drives: 335i
Join Date: Mar 2009
Location: SoCal

Posts: 268
iTrader: (1)

12 hrs ouch. I will have to rent a motor scooter, I will go around all of that traffic. Plus I am from Los Angeles so I am used to it.
yermo is offline   United_States
0
Reply With Quote
      06-04-2011, 02:11 AM   #76
biglare
Brigadier General
 
biglare's Avatar
 
Drives: ?
Join Date: May 2008
Location: ?

Posts: 3,136
iTrader: (3)

Quote:
Originally Posted by yermo View Post
June 17, 2012- USA GP. Hotel room is book already!!!!!
Nice! I'm bookin very soon too! I cannot wait!

__________________
biglare is offline   United_States
0
Reply With Quote
      06-04-2011, 07:58 AM   #77
CLV0009
Private
 
CLV0009's Avatar
 
Drives: 2011 135i DCT Blk Mtlc/Red Int
Join Date: Mar 2010
Location: Miami, FL

Posts: 66
iTrader: (0)

I cant wait for this race!!! Im planning on doing Shanghai and Austin for the 2012 calendar
I got a friend that lives in Houston so hopefully is not a long drive to Austin.
CLV0009 is offline   United_States
0
Reply With Quote
      06-04-2011, 09:51 AM   #78
O-cha
Brigadier General
 
O-cha's Avatar
 
Drives: Mcoupe
Join Date: Oct 2007
Location: In front of you

Posts: 4,729
iTrader: (2)

Send a message via AIM to O-cha
Some people are really dumb, do you know how much it will generate in tickets not even considering the money spent outside of the track.... Idiots.
__________________
O-cha is offline  
0
Reply With Quote
      06-04-2011, 11:15 AM   #79
yermo
You know I am kind of a big deal...
 
yermo's Avatar
 
Drives: 335i
Join Date: Mar 2009
Location: SoCal

Posts: 268
iTrader: (1)

You can't get flights this early or I would have that too. If a bunch of us are going do you guy want to try and setup a suite or group track pass??? Just a thought. My dad works for exxon so I am going to try and get him to get tickets for me, but if anyone else has a hookup I would be willing to join in on the expense.
yermo is offline   United_States
0
Reply With Quote
      06-07-2011, 07:57 PM   #80
SlicktopTTZ
Captain
 
SlicktopTTZ's Avatar
 
Drives: 91 300ZX Twin-Turbo, 2010 135i
Join Date: Aug 2009
Location: Corpus Christi, Texas

Posts: 686
iTrader: (0)

Man can't wait till this is ready! I'm only 3.5 hours away!
SlicktopTTZ is offline   United_States
0
Reply With Quote
      06-07-2011, 08:13 PM   #81
Bakeme521
Some say...
 
Bakeme521's Avatar
 
Drives: Fresh
Join Date: Mar 2010
Location: Baton Rouge n NOLA

Posts: 4,272
iTrader: (12)

Garage List
2007 BMW 335i  [4.04]
Not far from Baton Rouge. I need to book this.
__________________

I have exhaust and an intake...
Bakeme521 is offline   United_States
0
Reply With Quote
      06-07-2011, 08:29 PM   #82
SlicktopTTZ
Captain
 
SlicktopTTZ's Avatar
 
Drives: 91 300ZX Twin-Turbo, 2010 135i
Join Date: Aug 2009
Location: Corpus Christi, Texas

Posts: 686
iTrader: (0)

Quote:
Originally Posted by UltimateBMW View Post
Hope it's near the track!

Early projects estimated 12hrs of travel just from the City core. Granted, the infrastructure should be improved by the time the race weekend comes. I'll have to find myself a room, and pick which stands I want to be in. 2012 will be special since it will be the first and last time that track likely sees NA F1 engines.

I also can't believe it'll be in June. It's been high 90's all week here. This will surely be one of the hottest races of the year. Here is the 2012 calendar.

2012 Calendar
11 Mar Bahrain
18 Mar Australia
01 Apr Malaysia
08 Apr China
22 Apr Korea
06 May Turkey *
20 May Spain
27 May Monaco
10 Jun Canada
17 Jun USA United States
01 Jul Valencia, Spain
15 Jul Great Britain
29 Jul Germany
05 Aug Hungary
02 Sept Belgium
09 Sept Italy
30 Sept Singapore
14 Oct Japan
28 Oct India
11 Nov Abu Dhabi
25 Nov Brazil
So June 17, 2012 is the F1 race in Austin?
SlicktopTTZ is offline   United_States
0
Reply With Quote
      06-08-2011, 04:05 PM   #83
E90SLAM
Supreme Allied Commander
 
E90SLAM's Avatar
 
Drives: A BBS WHORE
Join Date: Jul 2007
Location: .

Posts: 61,024
iTrader: (6)

Garage List
2006 330i  [4.67]
Austin GP might not happen!!! wow!

Quote:
US Grand Prix lawyer Richard Suttle has admitted the Austin City Council has the power to scupper the project.

According to local Kxan news, council members learned this week that they must sign off as the "endorsing municipality" in order for race organisers to access the $25 million per year promised by the Texas government. That will involve the City of Austin contributing $4 million to the Major Events Trust Fund.

"There is a distinct possibility that if this process doesn't work, that the project and the 1000 people that are working right now, their jobs could be in jeopardy and the event could be in jeopardy," Suttle said.

There is no guarantee the Austin council members will play ball. "Apparently there is no plan B," said one member. "I think that is an interesting assumption to make that something like that is going to be approved."

Suttle said the first $4 million will be paid by the race organisers, while in future it will be funded by extra hotel, alcohol and car rental taxes paid by spectators visiting Austin. He admitted that organisers took a gamble that the council would approve the plan. "We are hoping that it's not just a bet, it's a confidence in our city that they will realise what a benefit this will be for our community and our region," said Suttle.

Austin mayor Lee Leffingwell also acknowledged the risk. "If it's not approved by the city and council, they [the organisers] will have some assets that are sunk. They'd have to go back and make another use of that property."

The council's decision is due later in June, with the organisers' sanctioning fee for 2012 needing to be paid in full to Bernie Ecclestone at the end of July.

Asked if the project could be scrapped, Suttle is quoted by the American Statesman newspaper: "That's a distinct possibility."
http://en.espnf1.com/usracing/motors...ory/50898.html
__________________
E90SLAM is offline   Hong Kong
0
Reply With Quote
      06-08-2011, 09:19 PM   #84
Epacy2
Major
 
Drives: M3/X5
Join Date: Jan 2009
Location: KC

Posts: 1,255
iTrader: (0)

Garage List
2008 M3  [0.00]
2008 M3  [0.00]
Quote:
Originally Posted by E90SLAM View Post
Yikes, oversight much?

This HAS to be approved...
__________________
Epacy2 is offline  
0
Reply With Quote
      06-14-2011, 12:05 PM   #85
mdosu
Banned
 
Drives: Double Vanos'd Civic-M3
Join Date: Oct 2009
Location: San Francisco

Posts: 8,517
iTrader: (6)

Quote:
Originally Posted by blipit View Post
I wouldn't worry too much. It should pass.

The race organizers will front the first year's 4 million. The remaining 9 years 4 million/year will come from taxes from tourists visiting for the race.

Some council members had stated they are happy to hear no actual public tax dollars will be used to fund the race.

I don't see a minor 4 million a year holding up a project and event of this magnitude. For example, Australia pays something like $50 mill a year for the Australian Grand Prix.
you'll be surprised...

$4million is a lot if the council are full of fiscal conservatives. I say the investors needs to start getting their checkbooks out, they're going to need to "bribe" some people to get this through. I don't doubt they can't, so I think this event will go on for 2012.
mdosu is offline   No_Country
0
Reply With Quote
      06-14-2011, 01:40 PM   #86
ChrisAW
Rear Admiral
 
ChrisAW's Avatar
 
Drives: 2007 911 Turbo
Join Date: Jan 2011
Location: St. Louis

Posts: 301
iTrader: (1)

If I go to this it will be my first time seeing a F1 event live! I hope I can make it.
__________________
--Chris
--2007 911 Turbo
ChrisAW is offline   United_States
0
Reply With Quote
      06-17-2011, 09:50 AM   #87
E90SLAM
Supreme Allied Commander
 
E90SLAM's Avatar
 
Drives: A BBS WHORE
Join Date: Jul 2007
Location: .

Posts: 61,024
iTrader: (6)

Garage List
2006 330i  [4.67]
Work in progress, we can see the track starting to take shape...
Attached Images
  
__________________
E90SLAM is offline   Hong Kong
0
Reply With Quote
      06-17-2011, 10:21 AM   #88
E90SLAM
Supreme Allied Commander
 
E90SLAM's Avatar
 
Drives: A BBS WHORE
Join Date: Jul 2007
Location: .

Posts: 61,024
iTrader: (6)

Garage List
2006 330i  [4.67]
Funding fears ease over 2012 US Grand Prix

Its looking good again...

Quote:
Fears have eased that Austin's city council could scupper the 2012 US Grand Prix.

It emerged last week that if council members refuse to sign up as "endorsing municipality", the race organisers' $25 million in annual state funding for the Circuit of the Americas project is in doubt. The council agreement would involve Austin contributing $4 million per year to Texas' Major Events Trust Fund, even though the race organisers are pledging to pick up the bill.

Earlier reports had said the organisers were hoping the $4 million would be funded by taxpayers in subsequent years, but it now emerges that they have agreed to pay up for the full decade of the contract.

"This confirms what I've been saying all along," confirmed Austin mayor Lee Leffingwell. "[Namely] that the city would be contributing no up-front money, and that the city would not be at risk,"

Asked if the agreement will be formalised by the time the council meets next week, he told the Austin Chronicle: "I would hope so."
http://en.espnf1.com/usracing/motors...ory/51859.html
__________________
E90SLAM is offline   Hong Kong
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 04:50 PM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST