US GP in Austin Discussion and Speculation... | Page 147 | FerrariChat

US GP in Austin Discussion and Speculation...

Discussion in 'F1' started by Simon^2, Jul 5, 2010.

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?

Now that Austin is on the official FIA calendar, will the race really happen?

  1. Yes, it will happen.

  2. No, no way for construction to finish.

Multiple votes are allowed.
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  1. iamthesimpleone

    iamthesimpleone Formula 3

    Aug 23, 2005
    1,598
    austin, tx
    Full Name:
    Ben
    #3651 iamthesimpleone, Mar 1, 2012
    Last edited by a moderator: Sep 7, 2017
    http://www.kxan.com/dpp/news/local/austin/f1-workers-condition-improving

    and recent aerials :)
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  2. BigTex

    BigTex Seven Time F1 World Champ
    Owner Rossa Subscribed

    Dec 6, 2002
    79,386
    Houston, Texas
    Full Name:
    Bubba
    Looks like a racetrack to me!!!

    Thanks!!!
     
  3. iamthesimpleone

    iamthesimpleone Formula 3

    Aug 23, 2005
    1,598
    austin, tx
    Full Name:
    Ben
    reposted from elsewhere:

     
  4. texasmr2

    texasmr2 Two Time F1 World Champ
    BANNED

    Oct 22, 2007
    22,232
    Houston
    Full Name:
    Gregg
    Ben thanks for that info and for keeping on top of the situation ;) . My intention is for a GA ticket so I can roam about but I do have a question? Is there any info pertaining to coolers or backpacks simply because I would like to tote one of those small 'lunch' coolers aswell as wear a backpack.

    Also we need to get started on that t-shirt idea I had, Rob can you hear me?? :)
     
  5. iamthesimpleone

    iamthesimpleone Formula 3

    Aug 23, 2005
    1,598
    austin, tx
    Full Name:
    Ben
    I'd assume they'd just check it at the gate to make sure its empty, and let you fill it up with overpriced beers onsite :)

    tee shirts have a short lead time. The GA tickets are going to go on sale this summer, so I think there is still plenty of time to work something up :)
     
  6. texasmr2

    texasmr2 Two Time F1 World Champ
    BANNED

    Oct 22, 2007
    22,232
    Houston
    Full Name:
    Gregg
    I'll stay sober for the race but afterwards hide your girlfriends LOL!!! ;)

    I agree the lead time for the T's is short so I would think atleast a 3-4 month lead time would be appropriate?
     
  7. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    FIFY. :eek: Sorry Greg,... too easy. ;) Just messin with ya.

    Did you hear about the 2 Aggies who were driving to Corpus Christie and came upon a goat with its head stuck in a barbed wire fence? Buck pulled his F250 over and promptly had his way with the goat. He went back to the truck and asked Jake if he wanted a turn. Jake responded,... "I sure do,... but I'm not sure I can get my head stuck in the fence that way."

    Interesting to get some pricing. How may fixed seats are they building? Does anyone believe they will sell 100% of fixed seats as PSL's for an unproven event / project?

    $150 for onsite parking.

    I can only imagine what a beer / kobe beef burger will go for...
     
  8. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    #3658 Simon^2, Mar 3, 2012
    Last edited: Mar 3, 2012
    So the cheapest PSL commitment is... 1500 + 500 * 15 years (ignoring rate increases) = $9,000 / seat.
     
  9. iamthesimpleone

    iamthesimpleone Formula 3

    Aug 23, 2005
    1,598
    austin, tx
    Full Name:
    Ben
    http://www.statesman.com/sports/formula1/f1-promoter-sues-other-race-investors-2215199.html
     
  10. TheMayor

    TheMayor Ten Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    106,224
    Vegas baby
    I'm out. Rather do cheaper foreign races. I'll wait it out but I think this year for me isn't going to happen. I just see all kinds of teething problems.

    If I go to one GP a year, I want to make sure I enjoy myself for the weekend. I'm not convinced -- or even hopeful-- so far. Sorry.
     
  11. texasmr2

    texasmr2 Two Time F1 World Champ
    BANNED

    Oct 22, 2007
    22,232
    Houston
    Full Name:
    Gregg
    Man what a 'soap opera' the race is becoming with all the behind the scenes turmoil, pathetic or just teething issues or alittle of both?

    LMAO!!!
    I do have a true livestock story my dad told me about a friend of his from way back in the day, wanna hear it? It'll take the edge off!
     
  12. DF1

    DF1 Three Time F1 World Champ

    My favorite quote from the suit article:

    --Hellmund says in the suit that the project has been hindered by misinformation and poor financial support.--

    How little we hear of these things in NJ. F1 fans in the US deserve better than this in-fighting over an event certainly guaranteed to lose or make very little money. The pricing for seats is quite interesting. Easier to get a ticket for just about any other race in the world. The more I read the less Austin seems attractive in terms of travel effort.
     
  13. texasmr2

    texasmr2 Two Time F1 World Champ
    BANNED

    Oct 22, 2007
    22,232
    Houston
    Full Name:
    Gregg
    I feel your pain brother and I'm only 2.5hrs away. We the fans who will be paying are still be left in the dark and imho still being treated like the kid who is sent too their room so "mom and dad can fight in private".
     
  14. DF1

    DF1 Three Time F1 World Champ

    I am amazed at the effort to make F1 happen in Austin. Its great. A true F1 circuit is being built. The rest of this is simply un-believable. It really is to me. I have to ask why. Why is this so hard now that they have begun this journey. I guess most of us rate grass seats. Its borderline pompous.
     
  15. texasmr2

    texasmr2 Two Time F1 World Champ
    BANNED

    Oct 22, 2007
    22,232
    Houston
    Full Name:
    Gregg
    I agree 110%.
     
  16. DF1

    DF1 Three Time F1 World Champ

    Mr2 what are you doing up so early/late?? Its like 4 am for you??? 1115am here in Germany.
     
  17. texasmr2

    texasmr2 Two Time F1 World Champ
    BANNED

    Oct 22, 2007
    22,232
    Houston
    Full Name:
    Gregg
    #3667 texasmr2, Mar 4, 2012
    Last edited by a moderator: Sep 7, 2017
    I was up and having beverages with a friend from about 12pm until I came home, ate dinner and went to bed about 8pm. I place alot of the blame on my PITA pup, Mr.Painter, for wanting to play at 3am every morning aswell :D .

    I only used the following pic because thats the way he looks at me lol!

    ps, When I was in Amsterdam I was constantly standing on a bridge overlooking the canal with beer and &%^^& in hand at 3-4am, vampires only come out at night or would that be knight!
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  18. DF1

    DF1 Three Time F1 World Champ

    Mr Painter looks like a great friend! Im sure he keeps you busy!
     
  19. texasmr2

    texasmr2 Two Time F1 World Champ
    BANNED

    Oct 22, 2007
    22,232
    Houston
    Full Name:
    Gregg
    I wish I could get his opinion on the track!
     
  20. Axecent

    Axecent Formula 3

    Oct 15, 2008
    1,112
    Central Texas
    Full Name:
    John
  21. iamthesimpleone

    iamthesimpleone Formula 3

    Aug 23, 2005
    1,598
    austin, tx
    Full Name:
    Ben
    Austin is great in November. In the suit, he also alleges that they withheld funds from him to deliberately put the project in jeopardy. Allowing for them to renegotiate with Bernie directly.

    Once Tavo defaulted with Bernie, forcing renegoations, he was no longer needed.
     
  22. Ernie Beccelstone

    May 18, 2011
    92
    Texas
    Full Name:
    Ernesto Villarial
    Optimism bias
    From Wikipedia, the free encyclopedia

    Optimism bias is the demonstrated systematic tendency for people to be overly optimistic about the outcome of planned actions. This includes over-estimating the likelihood of positive events and under-estimating the likelihood of negative events. Along with the illusion of control and illusory superiority, it is one of the positive illusions to which people are generally susceptible. Excessive optimism can result in cost overruns, benefit shortfalls, and delays when plans are implemented or expensive projects are built.
     
  23. madmaxatl

    madmaxatl Formula Junior

    Mar 22, 2007
    687
    Buckhead, Palo Alto
    Full Name:
    Don Johnson
    If he didn't see this coming a mile away then he doesn't deserve to be anywhere near this project.
     
  24. DF1

    DF1 Three Time F1 World Champ

    Ah...Wiki again. Silly me for not looking :) The answer to all :)
     
  25. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    What do the intelligencia think of this sentence from the link?

    So this is a $300-$400M project and a 20% stake is worth $8M? Or are they saying he put up the first $8M and he was given 20% ownership?...

    If Tavo owns 20% for no cash input,... and Red owns 20% for a paltry $8M... presumably Epstein has a nice deal as well,... so at least 60% is claimed with little moneys in...

    where is the opportunity return for these new investors who have been reported lately? confusing.
     

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