Austin F1 Circuit "to cost $180m"
Austin F1 Circuit "to cost $180m"
Author
Discussion

dpbird90

Original Poster:

5,535 posts

219 months

Thursday 5th August 2010
quotequote all
http://formula-one.speedtv.com/article/f1-austin-t...

That's £113m, and I cannot for the life of me see how it'll be possible. When they attempted to revamp Donington, they said it'd be £100m. I know they didn't have the money in the first place, but quite a few people said it's not enough anyway IIRC.
I suppose labour is cheaper in the US though?

TuxRacer

13,833 posts

220 months

Thursday 5th August 2010
quotequote all
Rip off Britain. I guess just like everything else, what you buy there in dollars costs the same here but in sterling.

Mazda Baiter

37,069 posts

217 months

Thursday 5th August 2010
quotequote all
Cheaper labour. No "Britain tax". Maybe, just maybe, Bernie has given the contract to someone with more business accumen than a 10oz slab of lard.

I was talking about Simon Gillett, just in case anyone was wondering.

jammy_basturd

29,778 posts

241 months

Thursday 5th August 2010
quotequote all
Construction in America is a hell of a lot cheaper. I remember a couple of months before Wembley opened, there was a huge stadium that opened in America, and despite being bigger, it was about a tenth of the cost of Wembley!

Mr_Yogi

3,288 posts

284 months

Thursday 5th August 2010
quotequote all
On a similar note, IIRC Japan spent a very large sum on about 6 or so football stadiums for when they hosted the world cup in 2002. The amount they spent of these 6 stadiums however, wasn't much more than cost of one new Wembley rolleyes

Nick M

3,632 posts

252 months

Thursday 5th August 2010
quotequote all

And I expect that $180M will buy them a hell of a lot more, in terms of facilities at the circuit, surrounding infrastructure, car parks wink, seating, etc., etc.

DiscoColin

3,328 posts

243 months

Thursday 5th August 2010
quotequote all
jammy_basturd said:
Construction in America is a hell of a lot cheaper. I remember a couple of months before Wembley opened, there was a huge stadium that opened in America, and despite being bigger, it was about a tenth of the cost of Wembley!
Don't forget about the cost of the land itself though, nor the stuff that you have to build for the 'local community' to get planning clearance over here. There is a lot to be said for the cost of building something not in the middle of an area where people will pay a fortune to live in a shoebox...

Whereas Texas - cheap labour from over the border, land that isn't worth much as there is loads of it and cheaper everything to build it from with less tax all around... Of course it is a fraction of the price.

FourWheelDrift

92,251 posts

313 months

Friday 6th August 2010
quotequote all
Close to the Airport.


cragswinter

21,429 posts

225 months

Saturday 7th August 2010
quotequote all
I don't suppose it's going to be built on a hill or anything is it? When I think of Texas I think of flat & featureless land, should suit a Tilke design down to the errrr,ground.

davepoth

29,395 posts

228 months

Saturday 7th August 2010
quotequote all
According to google Maps, there's land above 600' and land below 500' on the site. So an elevation change of at least 100' is possible.

Jungles

3,587 posts

250 months

Sunday 8th August 2010
quotequote all
cragswinter said:
I don't suppose it's going to be built on a hill or anything is it? When I think of Texas I think of flat & featureless land, should suit a Tilke design down to the errrr,ground.
It's hill country there, so the elevation changes will be significant unless Tilke decides to level the area. I think it's actually in his design brief to incorporate elevation changes though.

Edited by Jungles on Sunday 8th August 01:46

bobt

1,323 posts

232 months

Sunday 8th August 2010
quotequote all
dpbird90 said:
http://formula-one.speedtv.com/article/f1-austin-t...

That's £113m, and I cannot for the life of me see how it'll be possible. When they attempted to revamp Donington, they said it'd be £100m. I know they didn't have the money in the first place, but quite a few people said it's not enough anyway IIRC.
I suppose labour is cheaper in the US though?
The new track near Pamplona Spain cost 46 million euoros. http://www.circuitodenavarra.com/index.php?idioma=...

It has F1 spec pits and garages, a paddock area bigger than Lemans, and is a great circuit to drive. OK it needs better access from the autostrada, and there are no big stans buil yet and nobig hotels yet, but I can't see the bill doubling for that.