Texas Comptroller Checking Out Formula 1

Here’s an interesting, hot off the press,  Formula 1 in Austin, Texas snippet!

This was compiled from The Austin-America Statesman (the Austin newspaper)  Staff & Wire Reports (Published: 10:52 p.m.,  Wednesday, July 7, 2010):

Comptroller checks out F1 race

State Comptroller Susan Combs, instrumental in securing a Formula One race in Austin beginning in 2012, left Wednesday to get a firsthand look at the sport. She is attending the British Grand Prix, about 70 miles north of London.

Allen Spelce, a spokesman for the comptroller’s office, said that the trip is a vacation and that Combs is paying for it, not the state. Combs is traveling with her husband, whom Spelce described as an avid racing fan. Combs “was really excited about this,” Spelce said. “She thinks it’s going to be a great event for Austin.”

To put on the Austin race, the state is putting up $25 million annually, which could be used to pay the sanctioning fees for the event.

F1 boss Bernie Ecclestone is also expected to be at Silverstone, as is Tavo Hellmund, the promoter behind the Austin race.

Racing Ready is looking for more reports of this nature to post here!

Dan

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