Bundesliga Increases Betting Income Ladbrokes Fans Take On Digital Role Innovate Aquires Wexford Park Rights Dunkin' Donuts Sorry For Mock LFC Crest Man City Signs Deal With Surf Soccer Man City Waits On Outcome Of FFP Case Chelsea Signs $308M Deal With Yokohama Proposals To End Five-Day Test Match League Notes Sky Sports Acquires MLS TV Rights
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/March 13, 2013/Leagues and Governing Bodies
An American Dream In The Making Following A 'Fantastic' Opening Act At Austin’s City Limits
Published March 13, 2013
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
A LONG SEARCH: Organizers spent a long time searching for the right place for the race and ultimately settled on the New Jersey location along the Hudson River opposite Midtown Manhattan. Hindery said, "The key criteria for the drivers is can they pass, is there elevation change where the engineers get rewarded, and is it a challenging race, in other words a number of turns. It’s not the straights that are interesting, it’s the turns." The course chosen for the American Grand Prix delivers, Hindery said. "It’s a road course. It will be used once a year. It is 3.2 miles. It has a tremendous amount of elevation change and 19 turns." Hindery discounted talk that the race would be a threat to Montreal as fans, especially international ones, would have to pick one over the other. Hindery said he and counterpart Canadian Grand Prix President François Dumontier believe overseas fans "will do both." Hindery said, "You could go to Montreal, which is just an amazing, fun, tourist city, but it’s a different city, by a lot, than New York. And then you come down to New York for the following Sunday." Hindery claims he's complied with state requests for clearances and has lined up sponsors, issues that derailed the race last year.
CELEBRATED COMEBACK: The groundwork for F1’s U.S. Renaissance was laid in November when Austin’s Circuit of America’s hosted its first Grand Prix, an event the famously understated Ecclestone labeled "fantastic." COTA President Steve Sexton agreed with Ecclestone’s assessment. Sexton told SBD Global: "We had a very successful first event and look to build on that performance. Our F1 race was the second-highest attended of the ’12 season (117,426) and the three-day attendance of 265,499 was the third highest for any host city last year." On first blush, Austin seemed an odd choice for F1 to pin its expansionistic hopes. It had no motorsports history, no major professional sports franchises and is barely a top 50 media market. But it does have a cachet as one of the hippest entertainment centers in the country. Sexton said, "I can’t speak to Mr. Ecclestone and his group’s deciding factor on why Austin, other than it’s a hot, popular market now in the U.S. for people in terms of entertainment. Not only is it the live music capital of the world, but it is getting very well known in the domestic and international community as a technology leader. There are 20 million people within three hours of Austin. F1 is known really for technology and glamor, and Austin fits that characteristic.”
IN FOR THE LONG HAUL: Whatever the draw, COTA has a 10-year contract with Formula One Management and aims to increase its ’12 attendance number over the years. Sexton said, "Every indication we have, from the media coverage, the fan feedback, the awareness and the interest that we’ve seen in the U.S. Grand Prix gives us indication that it’s got considerable growth opportunity as we move through the years, starting with ’13." A telling indicator for the race’s sustainable success is that in ’12 more than 60% of fans came from outside of Texas. Sexton said fans came from "more than 40 countries, primarily Mexico, England and Canada, and then kind of evenly distributed throughout the other international countries and markets."
F1 Global Expansion Series Part 1 -- Europe.
F1 Global Expansion Series Part 3 -- Asia.
F1 Global Expansion Series Part 4 -- Australia.