McGuire Emphasizes Subsidies For MLS Venue S.F. Official Downplays Concerns Over Warriors Arena Facility Notes New NFL Stadium Efforts Costly For St. Louis NYRA Revives Saratoga Redevelopment Indy Eleven Stadium Bid Runs Out Of Time Facility Notes Consultants Seek Changes To Warriors Arena Plan Falcons To Borrow $850M For New Stadium Omni Hotel Going Near Braves New Ballpark
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SBD/May 4, 2012/Facilities
Published May 4, 2012
TEXAS HOLD 'EM: In Dallas, Robert Wilonsky reported the Univ. of Oklahoma “has agreed to keep playing the University of Texas at the Cotton Bowl through 2020.” Dallas Parks & Recreation Department Facilities Manager Louise Elam said that OU has “sent the contract to the State Fair of Texas.” State Fair of Texas Sports Committee Chair Pete Schenkel said, “They’ve both indicated we’ve got a deal, I’m just waiting to get them signed up.” Wilonsky noted the city “is about to spend $25.5 million on rehabbing the Cotton Bowl, yet again, in an effort to keep the Red River Rivalry in Dallas.” UT and OU’s current deal with the State Fair of Texas “expires in 2015” (DALLASNEWS.com, 5/3).
TRACK MEET: In London, Tom Cary reports an American consortium financed out of New York and working with partners including Virgin Group “is back in the running to take over a long-term lease" at the Silverstone Circuit, site of the F1 British Grand Prix. The British Racing Drivers' Club, “which owns the circuit, agreed [to] a period of exclusivity last autumn with a mysterious group, believed to be Qatari-backed, and a deal was expected to be concluded over the winter.” Cary notes that deal “appears to have fallen through, however, with the BRDC releasing a statement yesterday saying the period of exclusivity was over and it was keen to speak to ‘interested parties’” (London TELEGRAPH, 5/4).