Agent009 submitted on 5/12/2011 Auto Spies Photos Timestamp: 3:10:10 PM
Views : 11,658 | Category: Misc News | Source: | SOURCE: www.bloomberg.com
Texas, which may balance its budget by firing thousands of teachers, plans to commit $25 million in state funds to Formula One auto racing each year for a decade. Four years after motorsports’ most popular series left the U.S., Texas investors including Clear Channel Communications Inc. co-founder B.J. “Red” McCombs are building a 3.4-mile (5.5-kilometer) track to bring the event to Austin. Comptroller Susan Combs has agreed to pay $25 million for races through 2022, a subsidy questioned by critics and lawmakers as the state cuts costs to close an estimated $15 billion two-year deficit. BimmerFest Preview 20112011 BMW 1M NA Launch Photo Gallery2012 BMW 6-Series NA Launch Cabo Photo GalleryPorsche GT3 RS 4.0 Photo Gallery2011 New York Auto Show Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on FacebookRead Article
Texas, which may balance its budget by firing thousands of teachers, plans to commit $25 million in state funds to Formula One auto racing each year for a decade.
Four years after motorsports’ most popular series left the U.S., Texas investors including Clear Channel Communications Inc. co-founder B.J. “Red” McCombs are building a 3.4-mile (5.5-kilometer) track to bring the event to Austin. Comptroller Susan Combs has agreed to pay $25 million for races through 2022, a subsidy questioned by critics and lawmakers as the state cuts costs to close an estimated $15 billion two-year deficit. BimmerFest Preview 20112011 BMW 1M NA Launch Photo Gallery2012 BMW 6-Series NA Launch Cabo Photo GalleryPorsche GT3 RS 4.0 Photo Gallery2011 New York Auto Show Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on Facebook
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"Normal is an illusion. What's normal for the spider is chaos for the fly."— Agent009 (View Profile)
"Normal is an illusion. What's normal for the spider is chaos for the fly."
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