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Articles in Formula 1

Texas F1 Promoter Meets The Press
Saturday, 19 Nov, 2011 – 8:50 | Comments Off
Texas F1 Promoter Meets The Press

RacinToday.com
AUSTIN, Texas – Embattled promoter Tavo Hellmund has admitted that organizers of the Formula One United States Grand Prix in Austin, Texas, are in breach of contract over “multiple issues,” specifically a $25-million sanctioning fee due for the inaugural event scheduled for Nov. 18, 2012.
Hellmund addressed a number of issues surrounding the status of Circuit [...]

F1 To Texas Promoters: Show Us The Money
Thursday, 17 Nov, 2011 – 22:36 | Comments Off
F1 To Texas Promoters: Show Us The Money

By John Sturbin | Senior Writer
RacinToday.com
Formula One boss Bernie Ecclestone has given organizers of Circuit of The Americas in Austin, Texas, one week to agree on a contract and produce a letter of credit guaranteeing payment of a $25-million sanctioning fee to stage the U.S. Grand Prix on Nov. 18, 2012.
Without a guarantee or letter [...]

Updated: Austin F1 Track Suspends Construction
Tuesday, 15 Nov, 2011 – 16:48 | Comments Off
Updated: Austin F1 Track Suspends Construction

By John Sturbin | Senior Writer
RacinToday.com
(Editor’s note: The following story has been updated today by its author.)
Organizers of Circuit of The Americas, a $300-million motorsports/entertainment venue being developed in Austin, Texas, abruptly suspended construction Tuesday in a contract dispute involving promoter Full Throttle Productions LP and circuit officials.
Full Throttle Productions, headed by Austin businessman Tavo [...]

F1 Headed To New Jersey
Tuesday, 25 Oct, 2011 – 13:09 | Comments Off
F1 Headed To New Jersey

RacinToday.com
Rumors that a Formula 1 race will be held in New Jersey in 2013 were confirmed during a press conference held on Tuesday.
The New Jersey event will be a street race. It will be held in Hudson County and bordered by the Hudson River. Its backdrop will be the Manhattan skyline, located across the river. [...]

Ingram: Documentary Gets Inside Yellow Helmet
Monday, 29 Aug, 2011 – 12:25 | 4 Comments
Ingram: Documentary Gets Inside Yellow Helmet

By Jonathan Ingram | Senior Writer
RacinToday.com
From the Monday Morning Crew Chief™:
Top 10 takes by one writer on “Senna”, which opened at theatres nationally in the U.S. this month:
1. Using the long familiar helmet in Brazilian yellow as a leitmotif, the film by Asif Kapadia pushes the boundaries of a documentary much in the same manner Ayrton [...]

Ingram: Countdown To USGP in Austin
Tuesday, 26 Jul, 2011 – 7:11 | 2 Comments
Ingram: Countdown To USGP in Austin

By Jonathan Ingram | Senior Writer
RacinToday.com
From the Monday Morning Crew Chief™:
With less than a year to go for the return of the USGP at the Circuit of the Americas, a Top Ten view of Formula 1 after the German Grand Prix:
1. Can Fernando Alonso catch Sebastian Vettel to avenge his loss in last year’s world [...]

Austin Endorses F1 Track
Wednesday, 29 Jun, 2011 – 18:15 | Comments Off
Austin Endorses F1 Track

By Jonathan Ingram | Senior Writer
RacinToday.com
After three weeks of deliberation, the Austin City Council voted to officially endorse the Formula 1 United States Grand Prix event to be held in neighboring Travis County in June of 2012. The 5 to 2 vote in favor of the event came after lobbying by representatives of the Circuit [...]

Ingram: Austin’s Decision – Status Quo Or F1
Saturday, 25 Jun, 2011 – 16:26 | 11 Comments
Ingram: Austin’s Decision – Status Quo Or F1

By Jonathan Ingram | Senior Writer
RacinToday.com
In a city named after a statesman and with a newspaper using the same generic noun, there’s not much statesmanship going on in Austin when it comes to the future of the Formula One race scheduled for June of 2012. Watching the sausage being made while democracy collides with F1’s current era [...]

Pedley: Tony Stewart To Get A Dream Ride
Thursday, 2 Jun, 2011 – 11:06 | One Comment
Pedley: Tony Stewart To Get A Dream Ride

By Jim Pedley | Managing Editor
RacinToday.com
Let’s see what’s in the old Morning Memo today:
The word over the past decade or so among racing’s literati has been this: If there is one NASCAR driver who could make the transition to Formua 1, it would be Tony Stewart.
A couple weeks from now, those wondering if the word [...]