Bernie Ecclestone has voiced his doubts over whether the United States Grand Prix will take place in 2016.

The race at the Circuit of the Americas (COTA) in Austin is under threat after the State of Texas reduced its funding this year after a review of its impact on the local economy. While the race was named on the 2016 calendar marked with an asterisk as it is subject to agreement with the promoter, Ecclestone told Auto Motor und Sport the current outlook is not a positive one.

Asked if the race will take place in 2016, Ecclestone replied: "Forecasts are difficult."

And Ecclestone - who is known to want more races in the United States - says he should not be blamed for the uncertainty over Austin's future.

"They knew exactly what it would cost when they signed the contract with us. They knew that they would have to build a race track, and what it costs to put on a grand prix."

Alexander Rossi recently told F1i he believes it would be a "massive loss" if the race were to drop off the calendar.

American businessman Tavo Hellmund - who was involved in the Austin project for a spell - has previously confirmed he is working on a new race in North America, understood to be in California.

2015 F1 season: F1i's drivers review 21-11

2015 F1 season: F1i’s teams review

Use the red tabs on either side of the screen to scroll through more Formula One news and features

Click here for a gallery of the McLaren MP4-X

Keep up to date with all the F1 news via Facebook and Twitter

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

FIA CEO Natalie Robyn departs after 18 months

The FIA announced on Monday that its first-ever chief executive officer, Natalie Robyn, will be…

8 hours ago

Formula 1 revenue tops $500 million in first quarter 2024

Formula 1's financial health is looking increasingly strong following its Q1 2024 results which registered…

9 hours ago

Miami GP sets record US TV viewership for Formula 1

Formula 1's popularity in the United States continues to surge, with last weekend’s Miami Grand…

10 hours ago

McLaren: Piastri in ‘a very strong place’ after Miami display

Oscar Piastri had little to show for his efforts in last Sunday's Miami Grand Prix,…

11 hours ago

There’s a new top dog in the F1 paddock

Charles Leclerc has added a new member to his traveling squad, one that the Ferrari…

12 hours ago

Memories of Gilles still race on...

It's hard to believe, but it's been 42 years since Formula 1 lost one of…

13 hours ago