How to buy a classic motorcycle in SA?

'There are a few things you need to consider,’ writes bike guru Dries Van der Walt.

Top family cars in SA

Wheels24's Janine Van der Post has gone from a 'SpeedQueen' to a supermom. Check out her list of top family cars.

Mayor: F1 can't look to Austin for US Grand Prix bailout

2015-11-13 20:29

BAILOUT NEEDED: The future of the US Grand Prix could be at risk. Image: AP / Rob Griffith

Austin, Texas - The mayor of Austin says Formula 1 officials can't look to the Texas capital for a bailout of the financially struggling United States Grand Prix.

Mayor Steve Adler said on Friday the state of Texas should stand by its previous agreement with the Circuit of the Americas. Track officials say that deal includes a promise of at least $25-million per year from the Major Events Trust Fund.

Gov. Greg Abbott's office this week said it is trimming about $6-million in annual funding. Circuit officials and F1 boss Bernie Ecclestone say that could threaten the future of the Austin race after just four years.

The US Grand Prix still gets about $19.5-million from the fund and nearly $23-million total in public money.

Read more on:    texas  |  motorsport  |  formula 1

Inside Wheels24

F1's fate will be determined by billion-dollar deal

American media mogul John Malone is poised to become Formula 1's new owner.

There are new stories on the homepage. Click here to see them.