Racing Promoter Sues Formula 1 Race Investors
By Ellen Rugeley
Tavo Hellmund, owner of Full Throttle Productions, has filed a lawsuit against investors Bobby Epstein and Red McCombs and various companies and managers involved in Circuit of the Americas (COTA) $300 million project currently under construction in Central Texas.
The suit alleges that the project has cost more than anticipated and has resulted in reductions in plans for the grandstand, pedestrian bridges over the track, paved parking, concessions and restrooms.
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