FORMULA 1 CRASHING IN TEXAS

[Blue_Tires]

If Tavo Hellmund is to be taken at his word, and there is really no reason not to, he is a reluctant victim.

“I’ve been working for six and a half years to make this race happen,” he said during a 30 minute press conference late Thursday afternoon. “I will do whatever it takes to make it happen this year.” If he said it once, he said it a dozen times.

Not that what he wants matters anymore. Tavo Hellmund no longer pulls the Austin Formula 1 strings. Tavo is out.

Listed still on the website as a co-founder, Hellmund was paid a salary as a contract employee of Circuit of the Americas (COTA). His title was Chairman of the U.S. Grand Prix.

But Hellmund says he hasn’t been paid by COTA in a “couple of months,” and is “currently in buy-out negotiations” with them.

It’s all evidence that the rift reported between Tavo Hellmund and Circuit of the Americas is real. It also seems clear that COTA under-estimated the power and influence Tavo Hellmund holds with Formula 1 boss Bernie Ecclestone. When they split with Tavo, they split with Formula 1 too.

http://austin.culturemap.com/newsdetail/11-17-11-23-29-why-formula-1-failed-tavo-hellmund-bernie-ecclestone-and-the-clash-of-super-rich-egos/

I've had it up to here with Bernie and his extortion rackets...The only thing resembling ANY kind of change will come after he retires or dies...