If you’ve been following our posts on the Circuit of the Americas (COTA) in Austin Texas and F1 boss Bernie Ecclestone’s comment regarding the current situation with ownership, then you may find this rebuttal an interesting addition tot eh equation.

Steve Cahn posted a further comment from the commercial right’s boss, Eccelstone, regarding the situation with ownership of COTA and suggested there were some struggles internally. We’ve been slightly confused at the lack of a rebuttal from COTA until today.

According to Steve Sexton, president, Circuit of The Americas:

“Our funding is secured and construction is on schedule, so we don’t understand Mr. Ecclestone’s comments. He has expressed great interest in the Austin race and in expanding the F1 brand into the United States. There is no question that if he wants the USGP race to happen here in 2012, it certainly will.

A project of this magnitude has its challenges and we have had ours, but the City, the County, our state officials, our employees and construction workers, and our community supporters are all counting on Circuit of The Americas to happen.”

Does this statement put to rest some of your concerns? Nothing wrong with the statement but I think it could have gone a little deeper in addressing the direct commentary of Ecclestone. This comment, while meaningful, impacting and pointed toward resolution and commitment; is missing a key element…namely, the organizational discourse that Ecclestone suggested is present with ownership.

Suffice to say, I am glad to see COTA finally address the situation and offer a statement even though it may not be as far-reaching as I think it should have been.

An F1 fan since 1972, NC has spent over 25 years in the technology industry focusing on technology integration, AV systems integration, digital media strategies, technology planning, consulting, speaking, presenting, sales, content strategy, marketing and brand building.
  • gsprings

    i agree there will be problems,but i think they will pull it together in the nick of time

  • F1 Kitteh

    “There is no question that IF he wants the USGP race to happen here in 2012, it certainly will.”

  • This is probably a dumb question, but where was this statement from Sexton released? I guess they didn’t exactly want to draw attention to the issue on their web site or on Twitter…

    • I received it directly from COTA PR. I know, I know…AUTOSPORT doesn’t have it but you may find that we actually break news occasionally too. :) Just some of the fun that can be found at F1B and another terrific reason to stop by. :)

  • Ken

    The COTA response sounds like a typical business as usual it’s all ok media statement and did not address the issues Ecclestone brought up. Like him or hate he is a sharp and shrewd business person and is very much responsible for the undeniable place F-1 is at internationally. No other racing body comes close. If it happens great, but I do not see this as a long term F-1 race. .

  • Steven

    This is Bernies publicity machine at its best. Hes generating all kinds of media coverage, for free! So he ruflles a few feathers in the process, who cares?

  • Here’s Tavo’s response to COTA’s statement:

    “Mr. Ecclestone has been incredibly patient with the challenges here in Austin. Full Throttle Productions has worked tirelessly to bring the Formula 1 United States Grand Prix to Austin. It is now the responsibility of the Circuit of the Americas to make this project happen before Mr. Ecclestone’s patience runs out.”

    It’s getting real now.

    • Fred

      There are a few politicians who don’t like this project and we will hear more from them as they continue to fight this project.

      • Steve C

        Fred, if they don’t like it they can change it (in 2 years when they meet again). Meanwhile, are they willing to give up the potential impact of $288 million a year? The “haters” are having a field day with Bernie’s words.

  • J0J0

    Can we get Bernie to shut his old mouth? He’s just stirring s… up.