F1 and COTA agree to a new 5-year deal for U.S. Grand Prix in Austin.
The track carved out of rolling scrub land a few miles outside of the Texas capital was the first purpose-built F1 track in the U.S. The original race contract brought the global series back to the U.S. after five years away, and the venue quickly established itself as a favorite among teams and drivers.
The Texas race has been supported by more than $200 million in public funds. State law allows race organizers to apply from the Texas Major Events Reimbursement Program to help pay F1′s annual rights fee. That fee was $35 million in 2021, according to state records.
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Prince William Took the Crown With His Valentine's Day Grand Gesture for Kate MiddletonIris Goldsztajn is a London-based journalist, editor and author. She is the morning editor at Marie Claire, and her work has appeared in the likes of InStyle, Cosmopolitan, Bustle and Shape. Iris writes about everything from celebrity news and relationship advice to the pitfalls of diet culture and the joys of exercise. She has many opinions on Harry Styles, and can typically be found eating her body weight in cheap chocolate.
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