A's Settle 10-Year Lease Extension With Oakland Bank Of America Stadium Expands Hosting Options LSU To Make $14M Off Tiger Stadium Expansion MLS Facility Notes Red Wings To Market New Venue At Comerica Broward County Hopes To Land MLS Stadium Cubs To Open Jack Daniel's Patio At Wrigley Falcons Release Video Touting New Stadium Facility Notes Plans Unveiled For Red Wings' Arena, District
Upcoming Conferences and Events
SBD/November 1, 2012/Facilities
Circuit Of The Americas Ready For Inaugural F1 Race, But Attendance Concerns Linger
Published November 1, 2012
WAITING GAME: SPORTSBUSINESS JOURNAL's Tripp Mickle writes the decision to delay the F1 Grand Prix of America in New Jersey until '14 "brought an end to a turbulent, two-year effort that was punctuated by a back-and-forth exchange between" Grand Prix of America Exec Chair Leo Hindery and F1 CEO Bernie Ecclestone. Hindery "insisted the race would happen in 2013" while Ecclestone "regularly questioned the event’s viability." Their "battle was over one thing: money." Ecclestone said that Hindery "failed to raise the cash to pay race fees and got behind on payments." Hindery "insisted as recently as last summer that money was not an issue," but sources said that he "struggled to find enough investors for the project and his search was complicated by rising construction costs" (SPORTSBUSINESS JOURNAL, 10/29 issue).