Future Of Austin's F1 Race Reportedly In Jeopardy After Texas Cuts Its Contribution

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While this year’s rain-soaked United States Grand Prix was indeed a thrilling race, it was not a good weekend for the event itself or its venue, Austin, Texas’ Circuit of the Americas. Horrendous weather meant F1 in Austin was “financially devastating ” for COTA. Now the track has more bad news: Texas is reportedly cutting its annual contribution to the race.