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Re: The Last Nail in the Coffin of the USGP at Austin
Posted by: Parminio_USA
Date: 25/01/2012 15:51
Frankly, there is no way on earth (and nobody I know will either) pay 5000 dollars for the RIGHT to buy a ticket. Then, of course, you have to pay for the ticket.
The bad news is this: There is only going to be one grand stand. It will be on the main straight. It's only going to seat about 12,000 people and that's it.
The rest of the seating will be temporary and set up on scaffolding. What's more, they're trying to sell ticket rights for 15 years when they have no race rights at all.
They still have not revealed the details of the deal they made with Bernie and exactly what the check was for and how much it was.
Word around the camp fire in Austin is that they STILL HAVE NOT PAID THE 25 million. Rather, all they did was pay another 1 million for the rights just like Hellmund did, but that it was only for one year pending additional payments.
The whole thing, yet again, smells. The world class facility that was planned will not be built, yet they're charging BEYOND world class price for what amounts to a very small high school stadium.
On top of it all is this: COTA and its' investors still REFUSE to disclose any of the details of its finances pr it's dealings with FOM to anybody.
I don't know. I just don't know. It's STILL very strange, very shady and it sounds EXACTLY like the casino and resort and stadium deals.
I really hope it works out. I always have. But I still just think it stinks to high hell and I've been saying it since March of 2010.
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