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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

July 28, 2014 07:08 GMT

INTERLEAGUE

Miami 4 Houston 2

AMERICAN LEAGUE Sunday's Games

Toronto 5, N.Y. Yankees 4

Boston 3, Tampa Bay 2

Minnesota 4, Chicago White Sox 3

Cleveland 10, Kansas City 3

L.A. Angels 2, Detroit 1

Baltimore 3, Seattle 2, 10 innings

Oakland 9, Texas 3

Monday's Games

Toronto (Dickey 8-10) at Boston (Buchholz 5-6), 7:10 p.m.

N.Y. Yankees (Phelps 5-4) at Texas (Darvish 9-6), 8:05 p.m.

Oakland (J.Chavez 8-6) at Houston (Oberholtzer 2-7), 8:10 p.m.

NATIONAL LEAGUE Sunday's Games

Washington 4, Cincinnati 2

Philadelphia 4, Arizona 2

N.Y. Mets 2, Milwaukee 0

St. Louis 1, Chicago Cubs 0

Pittsburgh 7, Colorado 5

Atlanta 8, San Diego 3

L.A. Dodgers 4, San Francisco 3

Monday's Games

San Diego (Lane 0-0) at Atlanta (E.Santana 9-6), 12:10 p.m.

Arizona (C.Anderson 6-4) at Cincinnati (Bailey 8-5), 7:10 p.m.

Philadelphia (A.Burnett 6-9) at N.Y. Mets (B.Colon 9-8), 7:10 p.m.

Washington (Zimmermann 6-5) at Miami (Eovaldi 5-6), 7:10 p.m.

Colorado (Flande 0-2) at Chicago Cubs (Wada 0-1), 8:05 p.m.

Pittsburgh (Worley 3-1) at San Francisco (Bumgarner 12-7), 10:15 p.m.

INTERLEAGUE

Milwaukee (Lohse 11-4) at Tampa Bay (Odorizzi 6-8), 7:10 p.m.

MLS

Sunday's Games

Vancouver 2, FC Dallas 2, tie

Portland 3, Montreal 2

Monday's Games

Los Angeles at Seattle FC, 10 p.m.

WNBA

Sunday's Games

Minnesota 76, Connecticut 65

Washington 77, Atlanta 67

Tulsa 79, Chicago 69

Monday's Games

Indiana at Los Angeles, 10:30 p.m.

Longhorn Football Scoreboard

Longhorn Football News

 

KEYE-TV Sports Team


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