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...question is larger than just the financial survival of the Watkins Glen corporation. If a town like Watkins Glen corporation. If a town like Watkins Glen that has supported racing for two decades is suddenly unable to continue to host a Formula One event will other racing organizations, and other races, disappear from the international auto racing scene as well? Franzese thinks...

Author: By Bruce Schoenfeld, | Title: From The Glen to The Palace | 10/15/1981 | See Source »

...There is a Formula One event currently scheduled for June 13, 1982 in Detroit that is in jeopardy," he says. "The reason is that FICA has upped its demands for prize money from 1.25 million to two million, and the organizers just can't pay it. Also, I think--and you have to check on this--that the Spanish Grand Prix and Austrian Grand Prix are off the 1982 schedule as well for the same reason. Two million dollars is just unreasonable--no track in the world will pay that...

Author: By Bruce Schoenfeld, | Title: From The Glen to The Palace | 10/15/1981 | See Source »

...running a Grand Prix, Watkins Glen was still in the running," says Aldenhoevel by phone from Caeser's Palace. "Our Grand Prix had nothing to do with Watkins Glen not picking it up. Conceivably, there could have been three Grand Prix in the United States this year. (A Formula One event in Long Beach, California took place in July...

Author: By Bruce Schoenfeld, | Title: From The Glen to The Palace | 10/15/1981 | See Source »

...Corporation is hoping the last-minute nature of the Indy race and general confusion surrounding it ("The hardly promoted at all"--Franzese) led to the disappointing turnout. "We have Can Am, Trans Am, Formula Atlantic, Six Hour Endurance and Indy-Style races scheduled for next year," Currie said. "The race track is still running...

Author: By Bruce Schoenfeld, | Title: From The Glen to The Palace | 10/15/1981 | See Source »

...this weekend the world's top drivers and the whole of the International Circus Show that is Formula One racing set up shop in Nevada for what is officially termed the United States Grand Prix of Las Vegas. While Aldenhoevel may stress that the event has nothing to do with the traditional U.S. Grand Prix, the comparison is inevitable. Meanwhile, 2500 miles east, Franzese is not nearly as pessimistic as Currie regarding the return of Formula One racing to Watkins Glen...

Author: By Bruce Schoenfeld, | Title: From The Glen to The Palace | 10/15/1981 | See Source »

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