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To: Lockbox

do all the events have a $25 mill price tag? or is that just the fee for a single F1 race at COTA?


2,079 posted on 11/13/2015 6:37:29 AM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: God luvs America
1. The $25 million is from the state to COTA each year.

2. The F1 fee to COTA was $30 million for the 2015 race and will increase to about $33.6 million.

But lets look at say Houston's sport teams. The City of Houston (ie taxpayers) provided a billion dollar bond to build three stadiums,one each for football, baseball and basketball. Then to get the super bowl in 2004 Houston built a light rail system. The cost was $324 million.

So at 25 million dollars per year it will take the state over 52 years just to match what the City of Houston spent on three sports!

So let's talk about other sports sponsored by taxpayers.

2,080 posted on 11/13/2015 7:16:29 AM PST by Lockbox
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