- India diplomat who touts women’s rights busted for $3 wage to nanny
- MSNBC host Ed Schultz paid $252K by unions in 2012-2013
- Korean War memorial ordered to take down Christian cross
- Billy Graham near death, ‘close to going home to be with the Lord’
- SeaTac, Wash.: City’s new $15 minimum wage heads to court
- Obama mulls support for Islamists in Syria, with conditions
- Obama ‘birther’ theories float, as Hawaii health director killed in crash
- U.S. drone faulted for killing 14 ‘innocent civilians’ at Yemen wedding
- GOP hopes taking shutdown off the table with budget deal will pay dividends
- Chinese Death Star: The moon cited as the perfect launch pad for ballistic missiles
Yeehaw! US Grand Prix in Texas given OK by F1
AUSTIN, TEXAS (AP) - Yeehaw! Formula One is returning to the United States in 2012, bringing its ultra-fast cars and flair for the exotic to the land of longhorn cattle and cowboy hats.
Barbecue in the pits, anyone?
Formula One’s 2012 calendar with the U.S. Grand Prix in Austin on Nov. 18 was approved Wednesday at a World Motor Sport Council meeting in New Delhi, India. Race organizers announced a 10-year deal with F1 boss Bernie Ecclestone, ending a contract dispute that threatened to kill the race and a new $300 million track being built for it.
Work on the Circuit of The Americas had been stopped for several weeks during the dispute. Race officials said construction would resume immediately and would be finished in time for the race.
The Austin race will mark F1’s first in the United States since 2007.
“Now it’s time to make it happen,” said Steve Sexton, president of Circuit of the Americas. “We never did run out of gas. We may have slowed down and tapped the breaks a little, but now we’re at full speed.”
F1’s presence in the U.S. will increase in 2013, the first in a 10-year deal that will put a race in New Jersey along the Hudson River waterfront across from Manhattan.
“Mr. Ecclestone received his check today,” McCombs said in a statement. “We want to thank the fans supporting us, the local officials and businesses that have encouraged us, the State of Texas, Circuit of The Americas‘ staff and Bernie himself.”
Circuit of The Americas officials had pledged to pay F1’s original $25 million sanctioning fee, but a dispute over a final contract and the long-term financing had not been resolved. Wednesday was considered the final day to reach a deal because the 2012 calendar had to be set. Sexton said the sides came to agreement on Tuesday.
The initial dispute was caused by F1’s decision to scrap a previous contract it had with Tavo Hellmund, a former driver with family ties to Ecclestone who was originally granted the right to stage the U.S. Grand Prix.
The deal with Hellmund was recently canceled over a contract breach, and F1 officials instead began negotiating with Circuit of The Americas, who complained on Thanksgiving that Ecclestone was making “unrealistic” and “unfeasible” demands.
Sexton said Circuit of The Americas will continue to seek money from the state of Texas’ Major Events Trust Fund to help pay for staging the race. The fund has been used for other events such as the Super Bowl.
Austin would seem an unlikely destination for a Grand Prix event on a circuit that includes stops in Shanghai, Monte Carlo and Budapest. But with a metro-area population of about 1.7 million, Austin is a 3-hour drive or less from Dallas, Houston and San Antonio.
By Mangosuthu Buthelezi
Memories of a long brotherhood tempered in common struggle
- U.S. Navy-China showdown: Chinese try to halt U.S. cruiser in international waters
- House budget bargain faces Senate filibuster; Republicans line up to oppose
- PRUDEN: The last living witnesses; they wore the yellow star and remember the Nazi terror
- Obama's Afghanistan experts stumped on U.S. death toll, war costs during hearing
- NAPOLITANO: A conspiracy so vast
- Billy Graham near death, close to going home to be with the Lord
- Obama birther theories float, as Hawaii health director killed in crash
- KEENE: James Clapper should resign for lying to Congress
- Kim Jong-un consolidating power or losing grip on North Korea's military
- STEVENS: Resisting the seduction of housing speculation
Independent voices from the The Washington Times Communities
Implement these actionable tips, how-to’s and best practices in 10 minutes or less to leverage online communications and technology for brand, business and career development.
Consummate traveler Todd DeFeo explores the unique stories that make destinations worth going to.
Covering the world of soccer, including the World Cup, Major League Soccer, D.C. United and the English Premier League and other interesting sporting events.
Born in 1930 in rural Missouri, Charles Vandegriffe, Sr., brings his time and place to the Communities.
Extraordinary day at Redskins Park
White House pets gone wild!
Let it snow