Pcar928fan has this pegged. It ain't gonna happen. And here is why.
This guy from Full Throttle, his name is Tavo Hellmund, a Mexican-born race car driver who made a splash in NASCAR years ago, but today he is a nobody. I checked with one of the top guys in NASCAR who originally negotiated with Bernie for the INDY USGP and he had never heard of him.
Does anybody think that is kind strange? And guess what, there were other deals going on when this was announced and none of the others involved had ever heard of Tavo or Austin. People in California and NY are pi$$ed.
Let's see they, don't have a track, they don't have infrastructure, they don't have business community involved. They say the State of Texas has offered them 250 million dollars, without taxpayer approval or even notification or even so much as a public process. Don't know about all 50 states but in most states when $250 million in taxpayer money is spent on a foreign corporation and that money is sent overseas............And let's see.....
They haven't got enviromental impact studies done yet, they have never done anything even remotely like this before and they are going to do all this in what is arguably the greenest city in Texas, all in less than 24 months, I don't think so.
The bigger question everyone is asking is what is Bernie's real motive here? I see where the State's supposed committment is null and void if Full Throttle fails to deliver a race and race track, but Tavo will find that he can't get out of paying Bernie race or not. Bernie will take his money and run and it is up front, the taxpayers will never see any of that money again.....unless they tune in to Monaco and see Bernie on his yacht.
Don't be surprised if this all ends in tears and jail time for one or more people involved with this. That is except Bernie, he will fly out of the country when something goes wrong like he did at Indy during the tire debacle.
Remember, if it seems to be too good to be true, IT IS.