US GP in Austin Discussion and Speculation...

This sounds very much like the model used in the two German GP facilities. Good thinking.

 

Anything specific about construction scheduling or finance?

 

only thing money related Tavo said about money was something about 'complicated holding companies' involved.

and, that it's on schedule.

 

How reassuring/credible was it?

 

There wasn't a single Lotus 8x10 picture hanging on the wall. Does that help?

 

That's a relief.
Any good toaster talk?

 

i believe the money is there. red mc comb's is getting very old. i don't see him lending his name to a project like this, unless he knows it is going through.

as for the holding company issue, i brought this up in relation to the news article floating around a while back about '$20 million' in funding, and how everyone implied thats all they have.

i pointed out that the name of that entity was something else, than the 'full throttle promotions' one talked about more often.

(backs up holding company issue)

if i was a betting man, i'd say it is happening.

Brother of a friend of mine put down $200+ on a suite (mentioned this a few pages back)

they have a what seems to be a very thorough business model, and really does serve a lot of the needs in the area.

it's GONNA HAPPEN.

 

Thanks for the updates everyone.

Simon I think you have missed the entire idea of the project

 

We got jackets instead.

 

Good American CF jackets?

 

He's said this numerous times before so it's not as if this is a new idea. Think about it, this is really the only way the US could get a huge facility like this. It's like others have said about places like Korea, India, and Abu Dhabi, when the government is paying for the operation it is viable, but for a private organization to build a facility that is only used maybe 10 times a year it is absolutely outrageous. By incorporating a multi-use facility for charity, trauma, racing, concerts, it creates a bigger draw for money and a much wider basis of people. It actually makes perfect sense

 

+1

I follow the on FB. Updates everyday. The construction photos always have me going "how in the hell is this going to get done???" However I then remember that infrastructure (water, power and sewer) always looks as if nothing is going on but once they are done the rest speeds up. I'm sure the buildings are pretty simple structures and paving can be done pretty quick after drainage is finished. The trauma center will probably be subbed out to the University of Texas medical school from the sound of it. I'm excited!!

 

The other governments are national entities willing to underwrite facilities to publicize their nations. Unless Texas is looking to secede (again) the parallel doesn't hold.

 

Let's put it this way: If this is a scam like USF1 was, then they're doing a hell of lot a better job in putting up a smoke screen.

What Pinzor Wiener did by renting that building and putting in some equpiment and a few pour souls around a table is child's play compared to what we're seeing going on at the site of USGP.

Maybe it is all show, but if it is, they already easily outspent the USF1 scam. While the overall budget is comparable.

Seeing those bulldozers moving real earth is much more reassuring than Varsha doing a phony interview with a "designer" sitting at an empty table with his laptop computer.

 

This doesn't rely on just one entity (government) for funding. This is going to be a massive project that UT will probably hook up with (though not limited to them) like others have said, and they have tons of money. This project represents a massive base and collection of entities to pool attention and money from.

 

I don't believe thats what Tifosi15 was trying to say. I believe his point was they are adding all of the other stuff because it isn't a government funded project. That by adding this stuff it has greater financial viability.

Edit: Tifosi15 beat me to it.

 

You missed his point: You can't compare Austin to Abu Dhabi or Shanghai where the government pays the bill.

You have to compare it with privately funded racetracks like e.g. Nuerburgring and Hockenheim. And guess what: You'll see exactly the same approach: facilities used for several events during the year, rock concerts, museum, business workshops, private events, you name it. Tavo didn't invent the concept, he merely copied it. And rightly so.

 

Bingo

 

That was Red McCombs sitting quietly in the last chair, screen left....

This isn't some Hail Mary play, the 'adding' of all the other functions, if you go back to the very first annonucement it was a "multi use Industrial Complex".....that's actually consistent in the vision of the facility.

 

"Show me the money" At best we have twenty Mil promised. The rest is, so far, rumors.

This is a serious project with huge potential but it seems that, like many other projects, they have a plan and seed money but are still looking for the bulk of the financing.
It can happen but it is by no means assured.

 

It's not a public facility...it's like the one at Indy, to stabilize injuries and prep for LifeFlight, or whatever Breckenridge calls it....

 

UTMB is in Houston and Galveston, brudda...

The media project with Saint Ed's is a nice touch.

 

Yes it was and no his back isnt crooked. He sits a little tilted because of his giant wallet.