U.S. Grand Prix agrees to pay $40 million to get $250 million [Blip]

One reason Austin's getting the U.S. Grand Prix is the promise of $250 million in state funding, which requires the city to reimburse $4 million per year. Now, the U.S.G.P. backers have agreed to foot that bill. Because free money. More »

Source: http://feeds.gawker.com/~r/jalopnik/full/~3/HwcZn8yR-MQ/us-grand-prix-agrees-to-pay-40-million-to-get-250-million

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