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Originally Posted by 03BeastCharmer
Quote:
Originally Posted by M3 Adjuster
BMW actually tried to do this back when COTA opened in their first year.
COTA simply wanted too much for their facility and Thermal was a steal of a deal. Maybe they can get back to the table.
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Are COTA financials that bad right now? |
In my personal opinion, yes. Tremendous build price and tremendous Bernie Tax made it very expensive to begin with. The track management has experienced ummm exceptionally high turnover , but not surprising when most of the people at the top don't have a background in Motorsports. Go check out their website ..
Factor in the loss of a serious source of money from the city of Austin /state (alleviated by a favorable reduction in the tax appraisal ) and major issues like flooding they've had a rough start ..