Texas legislature wants to cut subsidies for US Grand Prix

Despite pretending the "Texas experiment" of cutting millions in government spending to make up for billions in revenue shortfalls was working, the state is actually billions of dollars in debt. In the face of teacher layoffs, some are looking at cutting the $25 million promised to the US Grand Prix. » 5/12/11 2:00pm 5/12/11 2:00pm

U.S. Grand Prix Formula 1 Track, Financier Revealed

The mysterious circumstances bringing the U.S. Grand Prix to Austin, Texas and the location of the track were both revealed today. Big-bucks former Vikings/Saints owner Red McCombs will provide the funding, and the track will be out in the sticks. » 7/27/10 12:00pm 7/27/10 12:00pm

Formula One May Be Coming Back To America, Eventually

Teasing us once again, F1-LIve » 11/05/08 10:30am 11/05/08 10:30am is reporting that racing may return to the United States, absent here since they closed up shop and left after the 2007 Red Bull US Grand Prix. In fact, when we , North America lost all Formula One races. But if the buzz is to be believed, they may have a little too soon. Reports are…