Andretti: Austin will overcome troubles
14 December 2015 – Mario Andretti, the 1978 Formula 1 World Champion, is adamant that the Circuit of the Americas will overcome its financial problems and host the United States Grand Prix next year.
Formula 1's governing body, the FIA, earlier this month published a revised 21-race calendar for the 2016 season, with the US Grand Prix marked as provisional, pending an agreement.
COTA endured a troubled 2015 event, severely affected by poor weather conditions, while the Texas state government has slashed the subisdy it pays the track by around 20 per cent.
Andretti, who acted as an official ambassador for the Austin-based circuit for three seasons from 2012-2014, told GPUpdate.net: "It's a difficult situation, financially, no question.
"They got hit twice. There was the weather, and then the shortfall in financial aid.
"But there's no way that they will drop that event. It's definitely going to happen. I feel very bold about that. The people involved in the situation, they will come up with answers.
"These are solid individuals involved and they will overcome it."
Formula 1 supremo Bernie Ecclestone recently stated that he expects the race to go ahead next year, explaining: "It will be. For sure. They will sort their finances out."