$250M in state funding for F1 track in question

September 13, 2014 | Updated: September 15, 2014 9:24pm

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Kin Man Hui, San Antonio Express-News

World Champion Sebastian Vettel zips through turns during The Formula One United States Grand Prix at the Circuit of the Americas near Austin, Texas on Sunday, Nov. 17, 2013. Vettle finished first followed by Lotus F1's Romain Grosjean and in third was Vettel's teammate, Mark Webber.

By Nolan Hicks

September 13, 2014 | Updated: September 15, 2014 9:24pm

AUSTIN — When local organizers applied for the first installment of $250 million in state funding to bring Formula One car racing to Texas, a letter from race CEO Bernie Ecclestone was their first exhibit.

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