Fiscal Cliff Deal Could Benefit Austin's F1 Track

  • 4Comments

A little-noticed piece of the "fiscal cliff" deal approved by Congress this week could mean a windfall for the new Formula One racetrack in Austin. The so-called NASCAR tax credit allows racetracks to potentially write off millions of dollars in costs.

Comment Policy

The Texas Tribune is pleased to provide the opportunity for you to share your observations about this story. We encourage lively debate on the issues of the day, but we ask that you refrain from using profanity or other offensive speech, engaging in personal attacks or name-calling, posting advertising, or wandering away from the topic at hand. To comment, you must be a registered user of the Tribune, and your real name will be displayed. Thanks for taking time to offer your thoughts.

You must be logged in to leave a comment. Login | Sign-Up

Sign Up for The Brief

Our daily news summary