Wolff Considering Temporary Bay Area Ballpark Royal Caribbean Against PortMiami MLS Stadium City Of St. Paul Approves Downtown Ballpark One Daytona Scores Another $20M Grant UK To Ink Long-Term Rupp Arena Lease Questions Arise On Soldier Field Expansion 49ers Set Low Prices For Stadium Debut Triple-A Bees Ink Naming-Rights Deal Facility Notes Chicago Exploring Soldier Field Expansion
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).