centex
Mini Bike
Many have understandably been excited about the construction of a major road-course venue in the Austin area, along with announcements of a 2012+10 year F1 series commitment, followed by a 2013+10yr Moto GP series committment.
Enthusiasm turns to growing disappointment with the following evolving news / soap opera:
Announcement of construction halting on November 15.
With more in Autoweek.
Growing concern 11/16.
Bernie speaks 11/16. :
Tavo talks 11/17. :-[
Texas developers try to negotiate with Bernie 11/24.
Bernie explains negotiating leverage to Texas developers. :nananana:
If I had to make a prediction today, I'd guess:
I hope I'm wrong (the track site is about 10 miles from my house, between me and the big city of Austin, my home town).
In any case, it sure is an interesting show to follow as long as you don't have any real skin in the game. The big business of international race and track promotion.
Congrats to the New Jersey folks for the announced F1-in-the-streets, I hope that comes-off OK!
Enthusiasm turns to growing disappointment with the following evolving news / soap opera:
Announcement of construction halting on November 15.
With more in Autoweek.
Growing concern 11/16.
Bernie speaks 11/16. :
Tavo talks 11/17. :-[
Texas developers try to negotiate with Bernie 11/24.
Bernie explains negotiating leverage to Texas developers. :nananana:
If I had to make a prediction today, I'd guess:
- Chief developer Epstein, who knows nothing about the workings of F1, is getting a steep education upon running Tavo Helmund out of he the partnership (failure to recognize what Tavo brought to the venture; failure to understand that Bernie holds all the cards and does not need Austin).
- Epstein needs an F1 event in 2012 to make his cashflow scheme work.
- Epstein won't get an F1 event on his terms and the whole venture will collapse (no F1, no track, no Moto GP).
I hope I'm wrong (the track site is about 10 miles from my house, between me and the big city of Austin, my home town).
In any case, it sure is an interesting show to follow as long as you don't have any real skin in the game. The big business of international race and track promotion.
Congrats to the New Jersey folks for the announced F1-in-the-streets, I hope that comes-off OK!