Don’t forget about the $250,000,000 of Texan’s Tax Dollars that Rick Perry is giving to Bernie Ecclestone for a Formula One race track outside of Austin.
More Corporate Welfare from Perry to Foreign Interests.
The lawsuit, filed in state District Court in Travis County, claims Combs promised the money to F1 promoters illegally, and asks for any payment from the state to them to be halted.
A spokesman for Combs defended the agencys involvement in bringing Formula One to the state. All applicable state rules and regulations were followed, Allen Spelce said in an e-mail. By bringing F1 to Austin we create jobs and spur economic development. The Comptrollers office has followed the law as it is laid out in statute and administrative rules. -- Source
Dude it isn’t a race track nor is one being built. It is for a F1 race to be held in Austin. What do you think the Major Events Trust Fund is used for?