Find out more about our subscriptions

Bernie Ecclestone gives Austin organisers a new deadline to sort contracts

Austin track constructionFormula 1 supremo Bernie Ecclestone has given Austin organisers another week to try and save the 2012 United States Grand Prix.

"The deadline hasn't been met, so we are still trying to make it happen," Ecclestone told The Associated Press on Wednesday, when the original deadline expired.

"They need to get some money and a pen as soon as possible. They know full well.

"Deadlines are terrible things because people always go to the end of the deadline. But if it isn't all signed before the World Motor Sport Council meeting, it can't happen."

The inaugural Austin race, scheduled for the end of 2012, has been in doubt for weeks, with organisers eager to delay its debut for a year.

While Austin officials have said they are ready to pay the sanctioning fee, a dispute over the financing is yet to be sorted.

Ecclestone said it would be a shame to lose the event.

"They are struggling to get the financial side sorted out - that's the problem," Ecclestone said. "They are trying to do it. It would be a loss to everyone (if it didn't happen).

"They would like the race to take place. I'd rather see the race happen than not."

  More news  
Read the AUTOSPORT Digital Edition
Visit the shop
See highlights from 60 years of AUTOSPORT
Paddock insight from group F1 editor Jonathan Noble
Grand Prix news updates from F1 editor Edd Straw
Breaking news feed
Live commentary feed
Austin sure of funding eligibility
Hellmund in legal dispute with Austin
Austin track begins ticketing process
Austin track set for August completion
Austin construction set to go ahead
Whitmarsh: F1 must take USA by storm
Ecclestone: No replacement for Austin
Austin GP chiefs in push to save race
Austin willing to delay debut to 2013
Ecclestone ready to axe Texas GP
Texas official voices Austin GP fears
Austin GP in doubt as work halted
Austin insists track is still on course
Ecclestone: Austin faces uphill struggle
Tilke says Austin is on schedule