U.S. GP on 2016 F1 calendar despite funding doubts

Wed Dec 2, 2015 4:20pm EST
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By Alan Baldwin

LONDON (Reuters) - The U.S. Grand Prix in Austin remained in doubt on Wednesday after the official 2016 Formula One calendar was published with an asterisk against the Texas race due to doubts about funding.

The International Automobile Federation (FIA) said it had approved a schedule with a record 21 races and just one change from the previous one, the new version pairing Mexico with Texas instead of Brazil.

The race in Austin, scheduled for Oct. 23, is subject to agreement with the promoter and national sporting authority.

Mexico was brought forward from Nov. 6 to Oct. 30.

That change had been sought by Mexican organizers, whose grand prix returned to the calendar this season after a 23-year absence and drew a crowd of 135,000 on race days.

The earlier date means it will again be just before the national Day of the Dead holidays.

This year's U.S. Grand Prix at Austin's Circuit of the Americas was hit by torrential rain and suffered a further financial setback when news emerged of a reduction in the subsidy paid by Texas state authorities.

Formula One supremo Bernie Ecclestone expressed concern for the future of the race last month after reports the subsidies were being reduced by more than 20 percent to around $19.5 million.   Continued...

Mercedes Formula One driver Lewis Hamilton of Britain (R) leads Red Bull driver Daniel Ricciardo of Australia during the U.S. F1 Grand Prix at the Circuit of The Americas in Austin, Texas October 25, 2015.    REUTERS/Adrees Latif