After hearing public testimony that lasted the entire day Thursday, the Austin City Council took action on the Formula 1 deal. In a 6 - 1 vote, council postponed endorsing the deal until Wednesday. They said they need more time to review it.
Hundreds of people packed Austin City Hall Thursday. They arrived early, 90 minutes before the 10 a.m. meeting. They signed up to let their voices be heard both in favor and against the F1 deal.
Supporters wore white baseball hats with the red and blue Formula 1 logo. Opponents turned out wearing stickers with F1 crossed out.
By the time the council meeting began, more than 280 people had signed up to speak.
Inside council chambers, both sides gave passionate arguments.
F1 organizers are eager to get Austin City Council's support. Promoters are not asking the city for money; they dropped their request for $4 million in city subsidies. They do need the council's endorsement to qualify for $25 million a year from the state's Major Events Trust Fund. That fund has helped lure such events as the Superbowl and the Final Four to Texas.
F1 supporters say Austin will see a sizable economic gain from hosting the race -- something opponents do not buy.
In the meantime, the F1 track is being built in Southeast Travis County. The first race is scheduled for June of next year.