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Is COTA Living Up To Expectations?

Updated: Friday, April 11 2014, 07:36 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

November 25, 2014 08:06 GMT

NFL

Thursday's Game

Oakland 24, Kansas City 20

Sunday's Games

Green Bay 24, Minnesota 21

Cincinnati 22, Houston 13

Chicago 21, Tampa Bay 13

Cleveland 26, Atlanta 24

Philadelphia 43, Tennessee 24

New England 34, Detroit 9

Indianapolis 23, Jacksonville 3

N.Y. Jets at Buffalo, ppd., snow

Seattle 19, Arizona 3

San Diego 27, St. Louis 24

San Francisco 17, Washington 13

Denver 39, Miami 36

Dallas 31, N.Y. Giants 28

Open: Carolina, Pittsburgh

Monday's Games

Buffalo 38, N.Y. Jets 3

Baltimore 34, New Orleans 27

NBA

Monday's Games

Portland 114, Philadelphia 104

L.A. Clippers 113, Charlotte 92

Cleveland 106, Orlando 74

Toronto 104, Phoenix 100

Houston 91, New York 86

Indiana 111, Dallas 100

Chicago 97, Utah 95

Tuesday's Games

Atlanta at Washington, 7 p.m.

Golden State at Miami, 7:30 p.m.

Sacramento at New Orleans, 8 p.m.

Detroit at Milwaukee, 8 p.m.

Chicago at Denver, 9 p.m.

NHL

Monday's Games

N.Y. Islanders 1, Philadelphia 0, SO

Pittsburgh 3, Boston 2, OT

Detroit 4, Ottawa 3

Minnesota 4, Florida 1

Tuesday's Games

Winnipeg at Columbus, 7 p.m.

Ottawa at St. Louis, 8 p.m.

Los Angeles at Nashville, 8 p.m.

Edmonton at Dallas, 8:30 p.m.

Colorado at Arizona, 9 p.m.

New Jersey at Vancouver, 10 p.m.

Calgary at Anaheim, 10 p.m.

Longhorn Football Scoreboard

Longhorn Football News

 

KEYE-TV Sports Team


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