Monday, September 13, 2010

Formula 1 is coming to town!

*I am not sure if this post can be considered "about Texas government", but it seems to be a topic of some contention, and the Texas government people sure have their fingers in it.

I keep pinching myself to see if I am dreaming when I hear news about the F1 track coming to Austin and the United States Grad Prix being held here in our backyard in 2012.  As a fan of open wheel racing (namely F1 and GP2) and motorcycle racing there could be no better possible outcome than to have a purpose built F1 track so close to home.  Some people are in complete agreement with me and some people just want to complain about the project for the sake of complaining.  People who support the track are looking forward to being able to enjoy a wide verity of motor sports, not being forced to drive 3-15 hours to see an event, and looking at the economic impact (surplus) that a track like this will bring to Central Texas and the benefits to it's citizens.  F1 is the most expensive sport on the planet!  Where there is big expense, there is big money.  This type of event is broadcast live all over the planet, and will bring in people from all over the globe, increasing tourism and commerce.  An increase in commerce is an increase in tax revenue, which in turn increases how much money is pumped into our government and civic project. 

Opponents tend to complain about tax payer money being spent on such a project, the noise, and the congestion that may arise from such a large venue.  Most of the complaints seem to be unfounded or of a personal nature that I have read about.  The articles that I am linking give a little insight into where the track is going to be, what hurtles the promoters have to overcome with government agencies, and the economic and employment (and political) impacts the new track is estimated to bring to our local economy.

About the site
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Thanks,
Dan

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