COTA put out a short statement tonight indicating that it is amenable to postponing the first US GP in Austin until 2013.
The statement was in response to recent comments in the media from Bernie Ecclestone to the effect that a new contract could run from the later date, given that the original one with Tavo Hellmund has been cancelled.
However, the statement failed to address the bigger picture painted by Ecclestone – ie the apparent lack of funding.
COTA boss Steve Sexton said: “We have been excited for and working towards a 2012 USGP race and now understand that Mr. Ecclestone is interested in moving the Austin race to 2013. We know the U.S. market is important to the teams and their sponsors and 2013 certainly allows time for the Circuit of The Americas to be ready.”