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Texas Reduces Bernie’s Payout So Formula One In Texas In 2016 May Be Screwed

Whether or not Formula One racing will return to Texas for the 2016 season remains to be seen as the state of Texas’ bean counters have rearranged their beans and reduced the contribution the state will make to staging the race from $25 million down to $19.5 million for next year. This will have the direct effect of reducing the payout-which-is-definitely-not-bribery-or-extortion to F1 chief crusty barnacle-in-charge, Bernie Ecclestone as well as the indirect effect of possibly being unable to host the race next year.

The 2015 version of the race saw Lewis Hamilton clinch his third consecutive world championship on the track that was inundated in the days prior to the race by the remnants of a large Pacific storm.

The 2015 Formula One season continues with the Brazilian Grand Prix at Interlagos at 8 a.m. [PDT] on NBCSN on November 15, 2015.

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