Wed November 23, 2011
Patterson Calls For Investigation Into Combs' F1 Deal
Texas Land Commissioner Jerry Patterson wants the Attorney General’s office to investigate whether Comptroller Susan Combs has the authority to commit taxpayer money to the Formula One races that could still come to Austin next year.
Race organizers were hoping to get $250 million over ten years from the state’s Major Events Trust Fund.
Patterson, never one to mince words, called the deal a “real turkey” in a news release.
“Comptroller Susan Combs exceeded her authority and ignored the law to cut this deal and she’s now trying to hide her mistakes,” he said.
Patterson says Combs made a commitment to race organizers to use the Trust Fund without first receiving a request from a city, county or organizing committee. He says Combs also violated other provisions under state law.
Austin’s circuit organizers still have no formal deal with Formula One to host a race in the city. F1 boss Bernie Ecclestone wants $25 million by Sunday or he says he’ll scratch the race from the 2012 schedule.