F1 Austin

gary88 · 06-17-2011, 11:46 AM

Starting to get excited

scott@bmwhn · 06-17-2011, 11:57 AM

still waiting for pre-sale of tickets...I can't wait!

UltimateBMW · 06-17-2011, 12:31 PM

Quote:

"This confirms what I've been saying all along," confirmed Austin mayor Lee Leffingwell. "[Namely] that the city would be contributing no up-front money, and that the city would not be at risk,"

Surely, that is a bit of a snooty responce isn't it? I mean, Austin as a City is going to IMMENSELY benefit from hosting this race.

For them to not really put anything into it.. I don't know. It just sounds a bit off.

At least the race looks good to go. I'm happy about that.

matrix76 · 06-17-2011, 12:53 PM

Quote:

Originally Posted by UltimateBMW

Surely, that is a bit of a snooty responce isn't it? I mean, Austin as a City is going to IMMENSELY benefit from hosting this race.

For them to not really put anything into it.. I don't know. It just sounds a bit off.

At least the race looks good to go. I'm happy about that.

+1

ChrisAW · 06-17-2011, 01:01 PM

Quote:

Originally Posted by scott@bmwhn

still waiting for pre-sale of tickets...I can't wait!

+1!!!!

JCtx · 06-17-2011, 01:12 PM

Quote:

Originally Posted by scott@bmwhn

still waiting for pre-sale of tickets...I can't wait!

Any word when that's going to take place? Just hope f**ing Ticketmaster is not involved. And also that they don't let ticket scalpers buy the bulk of them

. It's a freaking disgrace. Tickets are already expensive enough to put up with that crap.

SteDevote · 06-19-2011, 06:43 PM

Quote:

Originally Posted by UltimateBMW

Surely, that is a bit of a snooty responce isn't it? I mean, Austin as a City is going to IMMENSELY benefit from hosting this race.

For them to not really put anything into it.. I don't know. It just sounds a bit off.

At least the race looks good to go. I'm happy about that.

There is a saying that Austinites are fond of: "Keep Austin Weird". It is apt, IMO.

UltimateBMW · 06-19-2011, 08:38 PM

Quote:

Originally Posted by SteDevote

There is a saying that Austinites are fond of: "Keep Austin Weird". It is apt, IMO.

I am aware of said saying.

yermo · 06-20-2011, 05:00 PM

This makes me not want to spend a dime in the city out of principle of them not funding the track. I will only spend money at the racetrack facilities and those affiliated. You know that all of the businesses in Austin are going to do very well for the 2 weeks before and after the race weekend. I for one am going to the race but there is no way that i would be going to Austin if the race wasn't there.

TK-421 · 06-20-2011, 05:27 PM

Quote:

Originally Posted by yermo

This makes me not want to spend a dime in the city out of principle of them not funding the track. I will only spend money at the racetrack facilities and those affiliated. You know that all of the businesses in Austin are going to do very well for the 2 weeks before and after the race weekend. I for one am going to the race but there is no way that i would be going to Austin if the race wasn't there.

I think you would change your mind real quick once you got there. The place is pretty much the shit.

Echo M3 · 06-20-2011, 07:09 PM

Quote:

Originally Posted by yermo

This makes me not want to spend a dime in the city out of principle of them not funding the track. I will only spend money at the racetrack facilities and those affiliated. You know that all of the businesses in Austin are going to do very well for the 2 weeks before and after the race weekend. I for one am going to the race but there is no way that i would be going to Austin if the race wasn't there.

Give them a season. Once the season sees how much income pours in over a race weekend, they'll go out of their way to keep the grand prix on the F1 schedule.

I agree with you on the location, though. I'd never go to Austin either, if it weren't for Formula 1. I'm still hoping that F1 will set up shop on one of the coasts in the future. If only someone had cash to revamp the facilities at Laguna Seca or Watkins Glen... I can dream, right?

yermo · 06-23-2011, 02:47 PM

^^ i did say the city and not the state. I do know that they are not going to get the 25 million if they don't approve this 4 million.
"Formula 1 organizers need the city to sign off on the agreement because it will unlock $25 million in yearly funding from the state of Texas."

i am working out the math here, if like projected that 120k+ (some say 300K+ in the city) people are going to be at the event that means that the city is going to have to collect $33.34 in revenue from each person to break even on their 4 million. I really don't think that is going to be hard...
Sales tax in Austin is 8.25% so if the average per person spends $500 total in the city (hotel rooms, taxis, food, merchandise, etc.) they create $41.25 in revenue. $7.91 left over giving them almost a million dollars additional just for the weekend. $400 per person would be the breakeven. This doesn't seem outrageous...

more facts about the race in Austin
300 million economic impact annually
$600 million television viewers worldwide in 188 countries
Global “star power” presence, second only to the Oscars
300,000 people attending the event over the weekend
More than 1,500 construction jobs
1,200 temporary jobs associated with the Grand Prix event
350 temporary jobs with each additional racing event

GT3 Tim · 06-28-2011, 12:54 PM

Already booked a hotel room. Planning on attending Fri-Sunday. Hopefully it all works out and the race happens!

ChrisAW · 06-28-2011, 01:23 PM

Quote:

Originally Posted by GT3 Tim

Already booked a hotel room. Planning on attending Fri-Sunday. Hopefully it all works out and the race happens!

Is there a list of hotels in the area?

UltimateBMW · 06-30-2011, 09:17 AM

The Austin City Councel has officially endorsed the Austin GP!

E90SLAM · 06-30-2011, 10:10 AM

scott@bmwhn · 06-30-2011, 03:14 PM

Woo Hooo!

EINSER M · 06-30-2011, 04:36 PM

road block averted!

SteDevote · 06-30-2011, 05:23 PM

Quote:

Originally Posted by UltimateBMW

The Austin City Councel has officially endorsed the Austin GP!

You watch the news also!

Done deal ... unless that cooke in Cali is right about the October.

UltimateBMW · 07-01-2011, 09:10 AM

Quote:

Originally Posted by blipit

Circuit of The Americas welcomes Australian V8 Supercars.

5 year deal starting 2013.

Didn't see that one coming. Thats pretty awesome.

bavarian19 · 07-01-2011, 03:33 PM

I am real excited about this race!

Echo M3 · 07-26-2011, 08:06 PM

A nice video I came across today:

06-17-2011, 11:46 AM	#89
gary88 Ikea enthusiast 344 Rep 8,140 Posts Drives: '07 E92 335i Join Date: Dec 2009 Location: Chicago, IL iTrader: (3) Garage List 2007 E92 335i [7.96]	Starting to get excited __________________ garyhebdingjr.com \| flickr \| Instagram
	Appreciate 0 Quote

06-17-2011, 11:57 AM	#90
scott@bmwhn Major 140 Rep 1,245 Posts Drives: Msport X3 Join Date: Mar 2008 Location: Houston iTrader: (3)	still waiting for pre-sale of tickets...I can't wait! __________________ 03' 525iT stick, 22' 530i Previous: 20' X3 M40i, 19' 740i Msport, 17' 430i GC, 15' Msport X3 28i, 15' Sportline X1 28i, 13' Msport 328i, 09' Msport 335i, 07' Msport 335i
	Appreciate 0 Quote

06-20-2011, 05:00 PM	#97
yermo You know I am kind of a big deal... 12 Rep 272 Posts Drives: 18 m4, 19 x5 Join Date: Mar 2009 Location: SoCal iTrader: (1)	This makes me not want to spend a dime in the city out of principle of them not funding the track. I will only spend money at the racetrack facilities and those affiliated. You know that all of the businesses in Austin are going to do very well for the 2 weeks before and after the race weekend. I for one am going to the race but there is no way that i would be going to Austin if the race wasn't there.
	Appreciate 0 Quote

06-23-2011, 02:47 PM	#100
yermo You know I am kind of a big deal... 12 Rep 272 Posts Drives: 18 m4, 19 x5 Join Date: Mar 2009 Location: SoCal iTrader: (1)	^^ i did say the city and not the state. I do know that they are not going to get the 25 million if they don't approve this 4 million. "Formula 1 organizers need the city to sign off on the agreement because it will unlock $25 million in yearly funding from the state of Texas." i am working out the math here, if like projected that 120k+ (some say 300K+ in the city) people are going to be at the event that means that the city is going to have to collect $33.34 in revenue from each person to break even on their 4 million. I really don't think that is going to be hard... Sales tax in Austin is 8.25% so if the average per person spends $500 total in the city (hotel rooms, taxis, food, merchandise, etc.) they create $41.25 in revenue. $7.91 left over giving them almost a million dollars additional just for the weekend. $400 per person would be the breakeven. This doesn't seem outrageous... more facts about the race in Austin 300 million economic impact annually $600 million television viewers worldwide in 188 countries Global “star power” presence, second only to the Oscars 300,000 people attending the event over the weekend More than 1,500 construction jobs 1,200 temporary jobs associated with the Grand Prix event 350 temporary jobs with each additional racing event
	Appreciate 0 Quote

06-28-2011, 12:54 PM	#101
GT3 Tim Moderator 100 Rep 1,912 Posts Drives: 2014 MB E63S Join Date: Feb 2008 Location: Sacramento, CA iTrader: (0)	Already booked a hotel room. Planning on attending Fri-Sunday. Hopefully it all works out and the race happens! __________________ Tim <--- apparently likes "3" cars 2014 E63S -- The Rocket 2014 F30 328i -- Kids car 2008 E90 M3 -- Sold 2004 GT3 -- Sold 1997 M3/4 -- Sold 1995 M3 -- Sold
	Appreciate 0 Quote

06-30-2011, 09:17 AM	#103
UltimateBMW Brigadier General 427 Rep 3,287 Posts Drives: MP4 Join Date: Dec 2006 Location: South iTrader: (0)	The Austin City Councel has officially endorsed the Austin GP! __________________
	Appreciate 0 Quote

06-30-2011, 10:10 AM	#104
E90SLAM Supreme Allied Commander 2031 Rep 61,781 Posts Drives: A BBS WHORE Join Date: Jul 2007 Location: . iTrader: (6) Garage List 2022 BMW X3 sDrive30i [0.00]	__________________
	Appreciate 0 Quote

06-30-2011, 03:14 PM	#105
scott@bmwhn Major 140 Rep 1,245 Posts Drives: Msport X3 Join Date: Mar 2008 Location: Houston iTrader: (3)	Woo Hooo! __________________ 03' 525iT stick, 22' 530i Previous: 20' X3 M40i, 19' 740i Msport, 17' 430i GC, 15' Msport X3 28i, 15' Sportline X1 28i, 13' Msport 328i, 09' Msport 335i, 07' Msport 335i
	Appreciate 0 Quote

06-30-2011, 04:36 PM	#106
EINSER M Major General 429 Rep 5,728 Posts Drives: BMW i3 rex Join Date: May 2006 Location: SoCal iTrader: (44) Garage List 2018 I01 i3s \| CURRENT [10.00] 2018 G01 X3 \| CURRENT [10.00] 2017 I01 i3 \| SOLD [10.00] 2017 F48 X1 \| SOLD ... [0.00] 2016 I01 i3 \| SOLD [0.00] 2017 F22 M240 \| SOLD [8.00] 2016 F25 X3 diesel ... [0.00] 2006 E60 550 \| SOLD [6.00] 2011 E90 335 \| SOLD [8.66] 2012 E82 135 \| SOLD [5.50] 2011 E82 1M \| SOLD [7.94] 2007 E85 Z4M\| SOLD [4.50] 2003 E53 X5 4.6is S ... [9.00] 2008 E92 328 \| SOLD [0.00] 2008 E82 135 \| SOLD [0.00] 2008 E90 335 \| SOLD [0.00] 2003 E46 M3 \| SOLD [7.50] 2006 E90 330 \| SOLD [10.00] 2003 E46 330ZHP \| SOLD [0.00]	road block averted!
	Appreciate 0 Quote

07-01-2011, 03:33 PM	#109
bavarian19 General 556 Rep 18,849 Posts Drives: Car Join Date: Mar 2005 Location: VA iTrader: (23)	I am real excited about this race!
	Appreciate 0 Quote

07-26-2011, 08:06 PM	#110
Echo M3 Major 129 Rep 1,432 Posts Drives: E90 M3 Join Date: Sep 2009 Location: NY iTrader: (0)	A nice video I came across today:
	Appreciate 0 Quote