Just weeks following the conclusion of a rain-soaked United States Grand Prix at the Circuit of the Americas in Austin, Texas, certain details are coming to light that threaten the continuation of the event — and quite possibly operation of the facility as a whole.

One of the many pieces that keeps the event in Austin is the state’s Major Events Trust Fund, which has provided $25 million a year to race promoters since COTA began hosting Formula 1 in 2012.

It was believed the annual $25 million payment was assured for at least 10 years, for a total commitment of $250 million, to be paid by the State of Texas. However, a change in government and an audit of how the fund calculates major events payments has meant race organizers received just $19.5 million for 2015, or $5.5 million less than what was expected.

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Jenson Button and his new wife were the target of apparent Bond villains last weekend after robbers allegedly knocked the couple and their guests out with gas pumped in through the vents and made away with $465,000 in jewelry, the BBC reported.

The Formula One driver, his wife and their guests, who were all staying in St. Tropez, weren’t injured in the robbery. A spokesman for Button muddled things further (emphasis ours):

“The police have indicated that this has become a growing problem in the region with perpetrators going so far as to gas their proposed victims through the air conditioning units before breaking in.”

So you’re saying this happens a lot? That doesn’t sound right.

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Jules Bianchi, a Marussia F1 driver, succumbed to his injuries yesterday after colliding with a tractor at the 2014 Japanese Grand Prix over nine months ago.

The Bianchi family released the following statement:

It is with deep sadness that the parents of Jules Bianchi, Philippe and Christine, his brother Tom and sister Mélanie, wish to make it known that Jules passed away last night at the Centre Hospitalier Universitaire (CHU) in Nice, (France) where he was admitted following the accident of 5th October 2014 at Suzuka Circuit during the Japanese Formula 1 Grand Prix.

“Jules fought right to the very end, as he always did, but today his battle came to an end,” said the Bianchi family. “The pain we feel is immense and indescribable. We wish to thank the medical staff at Nice’s CHU who looked after him with love and dedication. We also thank the staff of the General Medical Center in the Mie Prefecture (Japan) who looked after Jules immediately after the accident, as well as all the other doctors who have been involved with his care over the past months.

“Furthermore, we thank Jules’ colleagues, friends, fans and everyone who has demonstrated their affection for him over these past months, which gave us great strength and helped us deal with such difficult times. Listening to and reading the many messages made us realise just how much Jules had touched the hearts and minds of so many people all over the world.

“We would like to ask that our privacy is respected during this difficult time, while we try to come to terms with the loss of Jules.”

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Next year’s Formula 1 season may have 21 races, including the first in Azerbaijan and a race in Germany after this year’s planned event was cancelled.

The provisional calendar for F1 was released Friday with 21 races scheduled, the same number of races on last year’s provisional calendar. The race on the streets in Baku, Azerbaijan this year would be dubbed the European Grand Prix and could be held in July.

The 2016 season would begin in Australia in April and end in Abu Dhabi in November.

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A Formula 1 study released yesterday shows that in just 5 years fans have gone from describing the sport as “Exciting” to “Boring” and that the more things change, the more things stay the same.

The 17-page report, which polled more than 200,000 fans of the sport, also revealed that fans are growing older and many fondly remember an era that didn’t go over so well in its time.

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As Richard Hammond and James May wrap up the “lost episodes” of Top Gear sans Jeremy Clarkson, the three are rumored to be heading to Netflix with the unsuspended pair turning down deals worth 4 million GBP.

Here’s what caught our eyes over the weekend.

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The Volkswagen Phaeton, the pride of former chairman Piëch, has been discontinued in the UK. Don’t worry, though, if you’re one of those people who enjoy such understated luxury. Volkswagen is still planning a next-generation version of the car.

Here’s what happened overnight.

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The ATS-V+ rumored by Motor Trend is definitely not happening according to Cadillac spokesperson David Caldwell. The proposed new model would encroach too much into CTS-V territory for comfort.

Here’s what happened overnight.

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The Tyrrell P34 wasn’t Formula 1’s only car to sport six wheels. This six-wheeled Williams-Cosworth FW07D was developed by the team in Grove as a bit of aerodynamic trickery, but sported its extra axle behind the driver instead of in front.

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Even though the first-generation Chevrolet Volt has had its price slashed every year since its debut, the next-generation range-extended electric vehicle will be priced even lower. This aims GM’s offering squarely at a number of more traditional hybrids.

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Leave me here

Race Day.

The day prior, we had traded Chad for Susan, today we traded Susan for Joe. Clearly we are trading down; hopefully Sian would be there and brighten the day. The gates don’t open until 11, and after the last three late nights and (relatively) early mornings, we can use the rest.

The opening event is the 2^nd GP2 Race. It’s the same as the last three days, the sights the sounds and the smells are getting routine.

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By day 3, we have gotten wise. After 2 days of going to get the truck and re-park before dinner and the after race concerts this time we try to just park in the final lot across from our grandstands. It works; the truck is in a closer spot in a nightclub just across from our grandstands.

Hopefully the truck is still there this evening.

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We may have one of those really rare cases where Formula 1 racing leads to honest, provable new car sales. The UK boutique builder  Caterham “is developing a crossover SUV and a subcompact car with Renault, Chairman Tony Fernandes” told Reuters. The cars should be launched “soon after the first sports cars due in 2016 under the Caterham and Renault Alpine brands,” the wire says. (Read More…)

My rant about colorless F1 drivers of the 21st century may have been honored more in the breach than the observance this past weekend; while Lewis Hamilton was doing the interview with David Coulthard at the end of the race, champagne drinker Raikkonen was having a convo with race winner Alonso. When Coulthard asked the two men to share their conversation with the crowd, both of them declined, Kimi snarking a bit a bout “tires”, but the local camera director for the race coverage made sure you could see that Alonso’s stunning girlfriend had a friend with her. Or a sister. Or who the hell knows.

Anybody who watched it happen and still thinks the winner of China had a lot of extra room in his king-size bed last night is being willfully naive. To the winners go the spoils, and our trio of podium finishers each demonstrated why their teammates weren’t standing next to them when it was time to hand out the trophies.

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Rubens Barrichello’s daughter once asked him why he looked so sad on the podium; to make his children as well as the tifosi feel better about Ferrari’s relentless approach to team orders, he decided to make sure he always smiled from then on. The contrast between the crinkled mouth and unsmiling eyes he displayed in the podiums after that makes for an interesting study in human dynamics. How can a man feel so conflicted about standing on the most important podium in the racing world, week in and week out?

At the end of the Malaysian Grand Prix yesterday, however, there were no smiling faces at all.

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