Combs enthusiastic about F1 after watching British Grand Prix
Combs enthusiastic about F1 after watching British Grand Prix
Combs enthusiastic about F1 after watching British Grand Prix
Comptroller says she's even more encouraged about Austin project.
About the only thing state Comptroller Susan Combs didn't like about her recent trip to England and the British Grand Prix was the 300,000 frequent flier miles it cost her and husband Joe Duran to get there and back.
"We're still in a grieving process," Combs joked.
A little less than two weeks ago, Combs and Duran, at their own expense, took a six-day vacation to London and Silverstone, a storied racing circuit about 70 miles north of London. She was on the track's starting grid, chatting with Formula One boss Bernie Ecclestone , until three minutes before the start of the race.
Combs, along with promoter Tavo Hellmund, has been instrumental in Austin securing the U.S. Grand Prix for 2012 and beyond. Combs said she was even more encouraged about the project after seeing her first F1 race and meeting with Ecclestone.
"He couldn't have been nicer," Combs said. "He's really excited about the project. He has known Tavo for a long time. He likes him. He wants this to work."
Combs said she expects a U.S. Grand Prix to have an annual economic impact of $300 million for Texas. The state has pledged to put up $25 million in public funds annually for 10 years to pay the sanctioning fees for the race, which is being promoted by Hellmund's Full Throttle Productions.
The first year's amount has already been appropriated; in subsequent years, it will come out of the Texas Major Events Trust Fund, which will use money generated in sales and other taxes by the previous year's race.
Combs enthusiastic about F1 after watching British Grand Prix
Comptroller says she's even more encouraged about Austin project.
About the only thing state Comptroller Susan Combs didn't like about her recent trip to England and the British Grand Prix was the 300,000 frequent flier miles it cost her and husband Joe Duran to get there and back.
"We're still in a grieving process," Combs joked.
A little less than two weeks ago, Combs and Duran, at their own expense, took a six-day vacation to London and Silverstone, a storied racing circuit about 70 miles north of London. She was on the track's starting grid, chatting with Formula One boss Bernie Ecclestone , until three minutes before the start of the race.
Combs, along with promoter Tavo Hellmund, has been instrumental in Austin securing the U.S. Grand Prix for 2012 and beyond. Combs said she was even more encouraged about the project after seeing her first F1 race and meeting with Ecclestone.
"He couldn't have been nicer," Combs said. "He's really excited about the project. He has known Tavo for a long time. He likes him. He wants this to work."
Combs said she expects a U.S. Grand Prix to have an annual economic impact of $300 million for Texas. The state has pledged to put up $25 million in public funds annually for 10 years to pay the sanctioning fees for the race, which is being promoted by Hellmund's Full Throttle Productions.
The first year's amount has already been appropriated; in subsequent years, it will come out of the Texas Major Events Trust Fund, which will use money generated in sales and other taxes by the previous year's race.
Comments
Post a Comment