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FORMULA 1 CRASHING IN TEXAS

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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-21-11 08:41 AM
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FORMULA 1 CRASHING IN TEXAS
If Tavo Hellmund is to be taken at his word, and there is really no reason not to, he is a reluctant victim.

Ive been working for six and a half years to make this race happen, he said during a 30 minute press conference late Thursday afternoon. I will do whatever it takes to make it happen this year. If he said it once, he said it a dozen times.

Not that what he wants matters anymore. Tavo Hellmund no longer pulls the Austin Formula 1 strings. Tavo is out.

Listed still on the website as a co-founder, Hellmund was paid a salary as a contract employee of Circuit of the Americas (COTA). His title was Chairman of the U.S. Grand Prix.

But Hellmund says he hasnt been paid by COTA in a couple of months, and is currently in buy-out negotiations with them.

Its all evidence that the rift reported between Tavo Hellmund and Circuit of the Americas is real. It also seems clear that COTA under-estimated the power and influence Tavo Hellmund holds with Formula 1 boss Bernie Ecclestone. When they split with Tavo, they split with Formula 1 too.

http://austin.culturemap.com/newsdetail/11-17-11-23-29-... /

I've had it up to here with Bernie and his extortion rackets...The only thing resembling ANY kind of change will come after he retires or dies...
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