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F1 subsidy cuts

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F1: Funding cut threatens Austin's F1 future

Formula 1

F1: Funding cut threatens Austin's F1 future

By alley - Nov 11, 2015, 11:01 AM ET

The future of the Formula 1 United States Grand Prix in Austin is in doubt after the Texas state government significantly cut its annual contribution to the Circuit of The Americas.It is understood the state committed to providing a subsidy of $250 million over the course of 10 years, based...

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