Circuit of The Americas today announced that it has been declared ready to host the 2012 F1 United States GP by Charlie Whiting, who directs racing, safety and technical matters for the FIA. Whiting visited the Central Texas racing circuit as part of a scheduled pre-race inspection and approved the circuit for “Grade 1” status, hence appropriate to host an F1 race.
I can't find anything about that. Link, or are you just pulling our legs?xpensive wrote:Right, as Swedish as they're gonna get I'm afraid.
Incidentally, the NJ/Soprano GP has been given the same date on the preliminary 2013 calendar as Austin's this year,
MrE's sense of humor perhaps?
Muchas gracias, senor!!
Yep...or maybe I'm just missing it.That's this season.
Interesting report. I values the land at something like $1/4m per acre for top property. If the developers have 800 acres left from the original wandering creek property they could be looking for $200m at top prices. So the question whether the boom is going to happen is not so immaterial as one could think.hairy_scotsman wrote:Statesman: Development slow around COTA:
http://www.statesman.com/news/local/dev ... 76556.html
SPEED: What about Austin (Texas) and the new Circuit of the Americas facility? Seems like an interesting opportunity?
Miller: Considering that they haven’t even held the first Formula One race there, it’s really interesting. They approached Randy and said, ‘Hey, let’s talk about you guys coming down here and racing.’ I think he’s been down there a couple of times and he’s going to keep talking to them. You keep hearing about the stories, about all the in-fighting down there, and what’s going to happen. But for me, the litmus test will be… what kind of crowd will the Formula One race draw? Then maybe you go from there in deciding whether or not you want to give it a shot. That’s the way I would look at it.
...
SPEED: What do you think about Austin as a marketplace, and do you they would receive IndyCar well?
Miller: I don’t think anyone can answer that. You have Houston which is A.J. Foyt’s home. They had pretty good crowds at the old Houston street races, and now they are going back to Houston next year with Shell sponsorship around the Reliant Center. As we’ve talked about with the Texas Motor Speedway, it gets the second biggest crowd to Indianapolis every year for the IndyCar race there. There’s obviously some interest in Texas. Will there be enough interest for three races? I don’t know. I think that’s the real question. Can you have three races in Texas? Austin is pretty far removed from Houston and Dallas. I think it’s going to be a real tough sell for Formula One because ticket prices, from what I’ve been told, are insane. Seat licenses for a Formula One race? I get emails all the time from people telling me how incredible the ticket prices are and how they’ll not even be able to go to practice.
What is there about a race track that would attract retail shopping centers and a "research park". That sounds like pure pie in the sky marketing baloney.hairy_scotsman wrote:Statesman: Development slow around COTA:
http://www.statesman.com/news/local/dev ... 76556.html
Gee, why would anyone want to do R&D at a race track?Pup wrote:What is there about a race track that would attract retail shopping centers and a "research park". That sounds like pure pie in the sky marketing baloney.hairy_scotsman wrote:Statesman: Development slow around COTA:
http://www.statesman.com/news/local/dev ... 76556.html
And why would the track have attracted anything yet apart from maybe someone serving lunch to the construction crews?
Dude, we're in agreement. Perhaps I should have said "automatically" attract..., but jeesh, man, chill. You can do research at a racetrack, but just building one doesn't mean that engineers start lining up at the gates. Like you say, it takes time and effort, which is why the article, like much of the Statesman's coverage of the track, is so stupid.thearmofbarlow wrote:Gee, why would anyone want to do R&D at a race track?Pup wrote:What is there about a race track that would attract retail shopping centers and a "research park". That sounds like pure pie in the sky marketing baloney.hairy_scotsman wrote:Statesman: Development slow around COTA:
http://www.statesman.com/news/local/dev ... 76556.html
And why would the track have attracted anything yet apart from maybe someone serving lunch to the construction crews?
It's not BS. They bring up TMS and that's a perfect example. Roanoke was the middle of no-damn-where. The only thing it was known for was being where Alliance Airport employees worked.
The guy said ten years. It hasn't even been two. Impatience is a form of idiocy.
Interesting indeed, when an F1 race seems not to be en the top of their agenda?WhiteBlue wrote:Interesting report. I values the land at something like $1/4m per acre for top property. If the developers have 800 acres left from the original wandering creek property they could be looking for $200m at top prices. So the question whether the boom is going to happen is not so immaterial as one could think.hairy_scotsman wrote:Statesman: Development slow around COTA:
http://www.statesman.com/news/local/dev ... 76556.html
With Epstein I doubt that anything but making money is on top of his agenda. He was stuck in this bust housing project in 2008 at the bottom of the mortgage crisis when he met Hellmund. So any way to get out of a dead investment would be an improvement. I guess that when he realized the potential of the idea he quickly thought about a plan how he could kick out the racing man and keep the money for himself.xpensive wrote:Interesting indeed, when an F1 race seems not to be en the top of their agenda?WhiteBlue wrote:Interesting report. I values the land at something like $1/4m per acre for top property. If the developers have 800 acres left from the original wandering creek property they could be looking for $200m at top prices. So the question whether the boom is going to happen is not so immaterial as one could think.hairy_scotsman wrote:Statesman: Development slow around COTA:
http://www.statesman.com/news/local/dev ... 76556.html
Pup wrote: Dude, we're in agreement. Perhaps I should have said "automatically" attract..., but jeesh, man, chill. You can do research at a racetrack, but just building one doesn't mean that engineers start lining up at the gates. Like you say, it takes time and effort, which is why the article, like much of the Statesman's coverage of the track, is so stupid.
