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Is COTA Living Up To Expectations?

Updated: Friday, April 11 2014, 06:36 PM CDT

Screaming engines are set to fill the air this weekend as the green flag drops on the MotoGP Sunday at the Circuit of the Americas in southeast Travis County.

It's the second biggest annual event at the track behind Formula One.

COTA claims it's a critical piece of the engine that pumps millions into the local economy. And developers promised the track would be worth about $400 million dollars a year.

According to the Texas Comptroller's Office, COTA has received $61.2 million in reimbursements from the State of Texas's events trust fund.

The world-class facility has claimed COTA-hosted events are projected to generate an annual economic impact of $400 million to $500 million, equating to $4 billion to $5 billion over 10 years for Texas.

Now two years have passed, is the track living up to its promise?

"We are filling out our calendar with things that bring large crowds," said COTA spokesperson Julie Loignon.

So far there are 200 events scheduled. That includes F1 which brings in $500 million alone every year.

And the newcomer X Games is expected to rake in $50 million yearly.

"We are in the second year for most of the races we are doing. X games is brand new. Redfest a country festival and a comedy festival is new this year," said Loignon.

The challenge COTA face now, Loignon says, is making the international events more popular in the U.S.

"Our job is to try to make sure that U.S. fans of sports entertainment know that these things are going on. They are every bit exciting as the races we've grown up watching," said Loignon.

But with 80 percent of the F1 attendees being from outside of Texas, it only helps push money into hotels and local shops.

Success or not? We will have to wait and see.

This weekend's MotoGP is just the first of several major events on the track's calendar this year.

Redfest is May23-25, X Games June 5-8 and F1 USGP Oct 31-Nov 2.

For more information go to http://circuitoftheamericas.com/calendar

By Christie Post

Is COTA Living Up To Expectations?


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Scores & Schedules

October 22, 2014 07:13 GMT

Latest scores, upcoming games

WORLD SERIES

Tuesday - Game 1

San Francisco 7, Kansas City 1

Wednesday - Game 2

San Francisco (Peavy 6-4) at Kansas City (Ventura 14-10), 8:07 p.m.

NHL

Tuesday's Games

Nashville 4, Arizona 3, SO

Boston 5, San Jose 3

N.Y. Rangers 4, New Jersey 3, OT

Toronto 5, N.Y. Islanders 2

Montreal 2, Detroit 1, OT

Winnipeg 3, Carolina 1

Chicago 4, Philadelphia 0

Dallas 6, Vancouver 3

Florida 4, Colorado 3, OT

Tampa Bay 2, Calgary 1, OT

Wednesday's Games

Toronto at Ottawa, 7 p.m.

Philadelphia at Pittsburgh, 8 p.m.

Washington at Edmonton, 9:30 p.m.

Buffalo at Anaheim, 10:30 p.m.

NBA PRESEASON

Tuesday's Games

Minnesota 107, Indiana 89

Utah 105, Oklahoma City 91

Miami 90, Houston 85

Portland 93, Denver 75

Phoenix 114, L.A. Lakers 108

Golden State 125, L.A. Clippers 107

Wednesday's Games

Houston at Orlando, 7 p.m.

Brooklyn at Boston, 7:30 p.m.

Washington at New York, 7:30 p.m.

Cleveland at Memphis, 8 p.m.

Minnesota at Milwaukee, 8 p.m.

Atlanta at San Antonio, 8:30 p.m.

Portland vs. L.A. Lakers at Ontario, CA, 10 p.m.

Phoenix at L.A. Clippers, 10:30 p.m.

MLS

Tuesday

No games scheduled

Wednesday

Chivas USA at Real Salt Lake, 9:30 p.m.

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KEYE-TV Sports Team


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