Texas Motor Speedway president Eddie Gossage.

Texas’ Eddie Gossage not a fan of potential IndyCar race at Austin

4 Comments

As soon as word got out that the IZOD IndyCar Series was reportedly once again talking with Austin, Texas’ Circuit of the Americas about a potential race next season, you knew Texas Motor Speedway president/GM Eddie Gossage would have something to say about it.

The brash promoter of the 1.5-mile oval in Fort Worth, Texas has always been keen on protecting the market for TMS’ annual IndyCar showcase, the Firestone 550. Already frustrated that a second IndyCar race in the Lone Star State has emerged at Houston, the thought of a third one happening in Longhorn Country has apparently bothered him further.

“Any time you put something that competes in a market, you wind up with ‘less than,'” Gossage told Mac Morrison of Autoweek on Friday. “Whether [another race] only takes one percent of your crowd, it’s still ‘less than,’ or it takes 50 percent of your crowd…Either way, it’s ‘less than.'”

Gossage believes that TMS’ longtime presence on the IndyCar calendar, as well as other measures of loyalty like kicking in money to help buy a prime-time TV spot for this year’s race there, has earned it the title of being, in his words, “IndyCar’s best friend.”

However, should IndyCar choose to go racing at COTA – the home of Formula One’s United States Grand Prix – he says that the option of not running the series at TMS anymore would be on the table.

“[The margins have] gotten close, so that’s why it would be frustrating if there was another race in our market,” said Gossage. “And Austin is just three hours away so that’s clearly in our market. You don’t even have to have a hotel room to go to our IndyCar race [if you live in Austin]. Houston is [only about] four and a half hours away.

“We know, because of the way we do things how many fans we have in the Houston area, how many fans we have in the Austin area, and it certainly had an impact on us here in June.”

Attendance for this year’s Firestone 550 at TMS was in the range of 50,000 according to Gossage – a far cry from past crowds that topped 100,000.

Watch tomorrow’s Honda Indy 200 from Mid-Ohio online and on your mobile device.

Alex Lynn joins DS Virgin in Formula E as reserve driver

alex-lynn
© DS Virgin Racing
Leave a comment

Recent GP2 race winner and Williams Formula 1 test driver Alex Lynn has joined Formula E outfit DS Virgin Racing in a reserve role.

Lynn, 23, won the GP3 title back in 2014 before spending two years in GP2, balancing his racing commitments with a test/development position at Williams.

Lynn announced in the summer that he would be exiting GP2 after 2016, and angled for a drive with Jaguar’s factory Formula E operation ahead of its on-track debut in October.

Despite testing for Jaguar at Donington Park, Lynn missed out on the seats to Adam Carroll and Mitch Evans, prompting the Briton to look elsewhere for a drive.

On Monday, DS Virgin Racing announced that Lynn would be joining as its new reserve and test driver on a multi-year deal.

“Formula E is arguably the most competitive motor racing championship in the world, with the highest caliber of drivers,” Lynn said.

“As a driver I want to be competing in the top series, which is why I’ve been trying so hard to get into Formula E, and DS Virgin was my first choice. So I’m delighted to have signed a multi-year deal with DS Virgin Racing.”

Lynn’s arrival comes at a time when DS Virgin Racing is braced to possibly lose both of its drivers for at least one event in 2017, owing to clashes with the FIA World Endurance Championship.

Sam Bird raced for Ferrari’s factory GT team in the GTE Pro class of the WEC last year, and could be forced to miss the New York Formula E race due to a clash with the 6 Hours of Nurburgring.

Jose Maria Lopez is yet to enter the WEC, but is widely expected to be signed to a factory Toyota seat in the LMP1 class for 2017, putting the Argentine in a similar quandary.

The Mexico ePrix also clashes with the pre-season WEC test at Monza on April 1, but it is thought that drivers with clashes would split their duties between the two series – and two continents – over two days.

Berlin Formula E race set to change location after city senate vote

BERIN, GERMANY - MAY 21:  In this handout image supplied by Formula E, Jean-Eric Vergne (FRA), DS Virgin Racing DSV-01 and Sebastien Buemi (SUI), Renault e.Dams Z.E.15 lead at the start of the race during the Berlin Formula E race on May 21, 2016 in Berlin, Germany. (Photo by LAT/Formula E via Getty Images)
© Getty Images
Leave a comment

Berlin’s Formula E race is set to change venue ahead of its third edition in June after the city senate voted against keeping it in a downtown location.

Berlin featured on the first Formula E calendar back in 2015, hosting a race around the site of the disused Tempelhof Airport.

When the site was turned into a refugee camp following the migrant crisis that hit Europe last year, an alternative location was found in the city center.

A circuit was constructed in downtown Berlin around Strausberger Platz and using Karl-Marx-Allee, with the race and location proving popular for the Formula E fraternity.

However, the race caused disruption for local residents, prompting city officials to vote against the event staying in the same location for its third edition on June 10.

“We are in constant dialogue and cooperating with local authorities to determine the final location of the race and are thankful for the continued interest and support shown from the mayor to host a race in the city of Berlin,” a spokesman from Formula E told NBC Sports.

This is not the first time that Formula E has been forced to change the location of a race due to local pressure, with the London ePrix dropping off the calendar at the end of season two after multiple court battles to keep the event at Battersea Park.

AP Interview: Formula One’s new owners plan U.S. street race

AUSTIN, TX - OCTOBER 23: Esteban Ocon of France driving the (31) Manor Racing MRT-Mercedes MRT05 Mercedes PU106C Hybrid turbo on track during the United States Formula One Grand Prix at Circuit of The Americas on October 23, 2016 in Austin, United States.  (Photo by Clive Mason/Getty Images)
Getty Images
1 Comment

LONDON (AP) Formula One’s new owners plan to add a street race in the United States in an attempt to improve a sport which they feel stagnated under Bernie Ecclestone’s control.

Chase Carey, who ended Ecclestone’s four-decade reign as F1’s chief executive, told The Associated Press on Tuesday that the sport will no longer be run as a “one-man show.”

Carey, though, will be as dogged as the 86-year-old Ecclestone in negotiations with circuits, insisting that less-lucrative races in heartlands like Britain will have to prove they can become more profitable rather than being allowed to renegotiate hosting fees.

International sports and entertainment firm Liberty Media, which is controlled by 75-year-old tycoon John Malone, completed its takeover of F1 on Monday from investment fund CVC Capital Partners.

Driving growth in the United States is seen as a priority for Liberty, which also owns baseball’s Atlanta Braves and has investments in cable TV companies. F1 currently only makes one stop during the season in the United Sates – to Austin, Texas – but adding a street race is high on Liberty’s agenda.

“We would like to add a destination race in the U.S. in a location like New York, L.A., Miami, Las Vegas,” Carey said in a telephone interview. “We think we can create something that will be a really special event. Obviously the U.S. is all upsides for us. We haven’t invested in the way we need to build the U.S. market.”

The sport has remained stuck in the past, making “events feel a little tired,” while the modern media landscape was not grasped by Ecclestone, according to Carey.

“Bernie really ran a one-man show,” Carey said. “I don’t plan to run a one-man show.”

Although Ecclestone remains on board as an honorary chairman and will be an F1 adviser, power clearly now rests with Carey, who is a veteran Fox executive.

“The last half dozen years I think the business has not reached its potential,” Carey said. “With all the things you need to do to be competitive in an increasingly fragmented online world, you need an organization doing many things at the same time.”

Ecclestone was criticized for overlooking historic popular race venues to move into new, wealthier markets including Abu Dhabi, Bahrain and Azerbaijan, which held its first race last year. The German Grand Prix has been dropped from the 2017 calendar because of Hockenheim’s financial difficulties, while the British race at Silverstone is at risk because of hosting costs.

“Western Europe is important for us and to some degree we have to engage to make those races bigger and better than they are while respecting their heritage,” Carey said, while ruling out cut-price deals to keep historic races.

“We are willing to invest in the sport but we are the new guys so everyone wants to come in and figure it’s a chance to renegotiate. So I don’t think that’s the right mindset. We think these races (in places like Britain and Germany) should be bigger and more profitable and we are willing to work with promoters to figure out how to achieve that. That’s our goal.”

The takeover, which gives F1 an enterprise value of $8 billion and an equity value of $4.4 billion, comes as the series is poised for a shakeup.

Changes such as wider tires, car design, louder engines, and more overtaking opportunities are set to make F1 more exciting in a bid to win back a large chunk of unhappy fans amid flagging attendances at some races.

“We can certainly do things to make the race day more engaging, more exciting – make the race itself more exciting,” Carey said. “I have gone around and talked to lot of people and hear many of the same things about predictability, rules too complicated, engineers overtaking drivers, the engines could be faster, louder, cheaper.

“And so there are a number of things we can do to improve the race, the race day.”

Such as tapping into the “excitement and buzz” found at the NFL’s showpiece game and turning races into week-long festivals in host cities.

“What I would like to have is 21 Super Bowls,” Carey said. “Priority 1 is to make the races bigger and better. We have some great races like Singapore, Mexico and Abu Dhabi but we have to make all the races have an energy and excitement that really makes them unique events.”

Rob Harris is at http://www.twitter.com/RobHarris and http://www.facebook.com/RobHarrisReports

FIA welcomes Liberty Media’s arrival

xxxx during the Formula One Grand Prix of Brazil at Autodromo Jose Carlos Pace on November 15, 2015 in Sao Paulo, Brazil.
Leave a comment

The Federation Internationale de l’Automobile (FIA) has approved Liberty Media Corporation’s acquisition of Formula 1 in its first formal comments after the change.

In a statement released Tuesday, the FIA and its president, Jean Todt, sought to thank Bernie Ecclestone for his governance over his 40-year rein at the head of the sport.

Meanwhile there was also a small word of welcoming to the new group, led by F1’s new chairman/CEO, Chase Carey.

The full statement is below:

The world governing body of motor sport, the FIA wishes to thank the outgoing CEO of the Formula One Group, Bernie Ecclestone for more than 40 years of dedication to the FIA Formula One World Championship and as a member of both the F1 Commission and World Motor Sport Council.

The FIA was responsible for creating Formula One when it established the first regulations for the category in 1946.

The Federation remains committed to regulating the FIA Formula One World Championship fairly, safely, and in the best interests of the sport – as it has strived to do since its inception 67 years ago.

The FIA President, Jean Todt, congratulated the new owners of the Formula One Group, Liberty Media Corporation.

“As Formula One’s governing body, the FIA would like to welcome the new CEO, Chase Carey and his entire team to the Championship.

“The whole FIA organization is looking forward to working closely together, with the common goal of improving and growing the sport further with the support of the highly recognized skills of Liberty Media Corporation in the media and sport domains.”