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Ecclestone Gives Austin F1 Track One More Week
By Anne Proffit Anne Proffit
December 1, 2011
The promoters of next year's proposed U.S. Grand Prix at Circuit of the Americas outside Austin, TX have another week to fill Bernie Ecclestone's coffers and ensure the race takes place in November, Ecclestone told the Associated Press from his London home.
Initially, the diminutive head of Formula 1's commercial entity expected to have funding and a contract in hand by today, 30 November, but Ecclestone gave the promoters another week to come up with signatures and funding, coinciding with the date the World Motor Sport Council ratifies the 2012 motorsports calendar.
"The deadline hasn't been met so we are still trying to make it happen," Ecclestone said. "They need to get some money and a pen--as soon as possible."
He made the same comments on the grid of the season closing Brazilian Grand Prix last Sunday when asked about the feasibility of the Austin, TX round.
"They know full well. Deadlines are terrible things because people always go to the end of the deadline," Eccleston continued. "But if it isn't all signed before the World Motor Sport Council meeting it can't happen. We can live with it until then. I don't want any more last minute deadlines because it has been going on for months."
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