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Texas! Formula One Is Motorsports Top Flight, with Ferrari, Mercedes, & Williams
Published: May 14, 2011
Senator Patrick, with all due respect, I ask you to stop whining over poor old Texas being penniless and look at the facts. For one thing, you have wealth bubbling up out of the ground all around you, so all you need is some proper management with honest, good intentions and Texas will have money coming out of its ears.
Formula One fans over the world will be tuning in to see the United States Grand Prix at the Austin Texas facility. That means that families in virtually every country in the world will see and become interested in Austin, Texas, and the United States. That can mean markets, products, and investment in general for your poor, squalid, indebted state.
Motor vehicles for the masses are manufactured in Texas. In Canada, I bought a gorgeous Buick Roadmaster Estate Wagon Ltd that was built in Arlington, Texas. That plant was converted to make American pickup trucks, so if F1 devotees in Japan, Russia, France, Germany and elsewhere like what they see of Texas, more Sierras and Silverados might be toting loads throughout the world.
The Austin Texas enterprise to build a state-of-the art motor sport facility has nothing to do with the alleged $27 billion dollar budget deficit, except that it might help to pay it down. The $250 million dollar price tag on the new track is to be paid over 10 years at $25 million dollars each year.
People should know that the respected senator from Texas estimates that each year approximately $300 million additional bucks will ...
Article Source: Bleacher Report - Formula 1
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