'Is America's only Formula One track in trouble?'
http://www.motorsport.com/f1/news/is-am ... n-trouble/
How Circuit of the Americas may be facing an uncertain future.
After three Formula One races at the Circuit of the Americas, a 3.4-mile purpose-built road course in Austin, Texas, you might suspect COTA is riding high. You might be wrong.
The Austin Business Journal named COTA one of the stories to watch in 2015 in an end-of-2014 story: “COTA puts on big shows but struggles financially: Despite an estimated $897 million in economic impact, the Circuit of The Americas race track is still a long way from profitability. Attendance dropped again for 2014’s United States Grand Prix, and rumors of an effort by investors to sell the facility persist.”
That’s just the headline. COTA’s economic concerns may lie much deeper than that. Let’s look at how COTA got where it is – the good and the bad.
In the beginning…