EVENTS TRUST FUND Application Office of the Governor Economic Development and Tourism (EDT) APPLICANT NAME: Circuit Events Local Organizing Committee APPLICANT MAILING ADDRESS: 9201 Circuit of The Americas Blvd., Austin, Texas 78617 EVENT NAME: 2018 Red Bull Grand Prix of The Americas DATE(S) OF EVENT: April 20-22, 2018 EvENT LOCATION (CITY): Circuit of The Americas, 9201 Circuit of The Americas Blvd., Austin, TX 78617 DATE APPLICATION SUBMITTED: TBD Effective January 1, 2017
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EVENTS TRUST FUND
Application
Office of the GovernorEconomic Development and Tourism (EDT)
APPLICANT NAME: Circuit Events Local Organizing Committee
APPLICANT MAILING ADDRESS: 9201 Circuit of The Americas Blvd., Austin, Texas78617
EVENT NAME: 2018 Red Bull Grand Prix of The Americas
DATE(S) OF EVENT: April 20-22, 2018
EvENT LOCATION (CITY): Circuit of The Americas, 9201 Circuit of The AmericasBlvd., Austin, TX 78617
DATE APPLICATION SUBMITTED: TBD
Effective January 1, 2017
Events Trust Fund ApplicationEvent Trust Fund (ETF), Major Events Reimbursement Program (MERP)
or Motor Sports Racing Trust Fund fMSRTF)
Please review the Events Trust Fund Guidelines document and applicable statutes and rules before submitting thisapplication. Links can be found at https://texaswideonenforbusiness.com/services/event-trust-funds.
An application is not complete until all required documents are submitted, with the exception of the Event Support
Contract. See checklist in Section 6 of the application for required documents.
Deadlines for submission are as follows:
MERP: 45 days prior to the event, but no more than 1 year before the event.
ElF & MSRTF: at least 120 days prior to the event.
Please submit all documents to [email protected].
S[(IH)\ 1: EM)C)RSl\G MLNI(l[’\IlTY OR (‘O[\tY
Name of Endorsing Municipality or County: City of Austin
Municipality or County Contact Name: Leela fireside
Contact Title: Assistant City Attorney
Contact Email: Lee1a.Fireside@austin texas.gov
Contact Phone Number: (512) 974-2163
1. Has the endorsing municipality or county reviewed the event and found that it meets all eligibility requirements
as listed in Vernon’s Texas Revised Civil Statutes (VTCS) Section 5190.14?
Yes NoD
2. Has the endorsing municipality or county determined that it will contribute local funding (“local match”) to the
Event Trust Fund, if established?
YesE No
Sn Ilf)\ 2: Luci f)R( \I/I\( CO\T\ll I IF 1.
1. Has the municipality or county authorized a nonprofit Local Organizing Committee (LOC) to enter into an
agreement with the Site Selection Organization to host the event on behalf of the municipality or county?
Yes NoD
2. If Question 1 is selected as “No,” the municipality or county must directly enter into an Event Hosting
Agreement with the Site Selection Organization.
If “Yes,” provide the following information for the LOC:
Complete Business Name of LOC: Circuit Events Local Organizing Committee
LOC Contact Name: Anna Paitossian
LOC Contact Title: Board Member, Director
Contact Email: [email protected]
Contact Phone Number: (512) 655-6280
Is the LOC designated in the official request letter submitted with the application?
Yes NoD
Sici iON 3: SilL StiLt tit)\ ORANi/\tio
Full Name of Site Selection Organization: Dorna Sports Si.
Site Selection Contact Name: Enriqtie Aldama
Site Selection Contact Title: Chief Operating Officer & Chief Financial Officer
Site Selection Contact Email: [email protected]
Contact Phone N um ber: 34-91-782-02-20
*EDT reserves the right to contact the Site Selection Organization or any other organization directly related to this event.
io 4: FtNo Rlc)t isi AMOI NT
Total Fund Amount Requested: $4,629,031
State Share: $3,990,544
Local Share: $638,487
*In accordance with statute, the State Share must be no more than 6.25x the Local Share. To calculate the Local Share,
divide the State Share by 6.25.
For MERP Applications only:
Estimated Direct Impact Total: n/a
Estimated Secondary Impact Total: it/a
*The Direct Impact and the Secondary Impact will equal the Total Fund Amount Requested. These amounts include the
state and local estimates.
Si ([iON 5: EVINi IN iOR\l\Tit)N
Official Event Name: 201$ Red Bull Grand Prix of The Americas
Event Fund/Program being applied for:ETF
(ETF, MERP, MSRTF)
Venue(s) of Event: Circuit of The Americas
Event Webs ite: http://www.circuitoftheamericas.com
Date(s) of the Primary Event: April 20- 22, 2018
Day set-up/load-in for the event will begin: April 9, 2018
Day strike/load-out of the event will end: April 30, 2018
1. See Attached
2.
Location of Event for the Previous 5 Years:
(List most recent year first)
4.
5.
Source of Information for Previous Events: Dorna Press Releases
Other locations outside of Texas considered to host Spain, Australia, France, Italy, England, Germany, andthe event: several other locations
Was the site selected as a part of a multi-year2014 through 2027
agreement? If yes, what years (past and future)?
Anticipated Total Attendance at Primary Event: 40,768
Anticipated Out of State Attendance27 681
at Primary Event:
Desired Market Area (Area that is affected by the. Travis and contiguous counties
economic impact of the event):
Will there be a host fee, sanction fee, participationYes
fee, bid fee or other similar expense for the event?
If yes, what is the total amount of the above$3,600,000
referenced fee(s)?*
Circuit of The Americas (“COTA”) tracks ticketsdistributed, media credentials and team & sponsor
. . attendees to tabulate figures during each day of the event.Additional Information:
COTA also conducts various surveys both during and afterthe event with the intent to determine accurate calculationof out-of-state attendees.
*Reimbursement will not be made for such a fee in excess of the amount listed. See TAC Rule § 184.45(18).
In accordance with TAC Rule § 184.13(d), 184.23(d) and 184.30, no later than 45 days after the event, the t.g.gjactual attendance and the estimated number of attendees that are not residents of Texas at the event must beprovided to EDT. Supporting documentation must be submitted for verification. The following methods will beaccepted: ticket sales count, turnstile count, ticket scan count, convention registration check-in count, or
participant totals (must be accompanied by ticket or turnstile count for MERP & MSRTF). Other methods may beapproved by the OOG in its sole discretion prior to the first day of the event.
Please explain which of these methods or another method, subject to approval, that will be used:See additional information box
S ui it)\ 6: C ii LU KI isi
EDT must receive the following documents (except the Event Support Contract) before it can issue an estimate ofincremental taxes.
EDT is statutorily required to make a determination within 30 days after receiving a complete application. If anapplication is incomplete, it will not be processed until all required information is submitted. Early submission is
encouraged.
Events Trust Fund Application completed and signed by someone the applying entity has determined is eligibleto bind the applying entity.
Endorsement Documentation from the endorsing municipality or endorsing county requesting participation inthe trust fund program and signed by a person authorized to bind the municipality or county. Thedocumentation should clearly indicate the municipality or county’s endorsement of the event and the name ofthe LOC, if applicable. The information in the document should coincide with the Selection Letter.
Selection Letter A signed letter from the Site Selection Organization selecting the site in Texas that clearlyindicates and describes a highly competitive selection process by which site selection occurred, and that theselection was based on an application by the endorsing municipality, county or LOC. This selection letter mustclearly indicate the selected LOC, the selected municipality or county, and the event date. The event dateindicated in the letter must match the requested event date.
Economic Impact Study or other data sufficient for EDT to make the determination of the estimatedincremental increase in tax revenue directly attributable to the preparation or presentation of the event,including data for any related activities. The Study should contain detailed information on the directexpenditures for the event in the requested market area relating to the economic activity of attendees andother persons associated with the event. The study may also include information on event expenditures ifavailable. For MERP’s only, secondary impacts must be included, and stated separately from the direct impact inorder for these impacts to be considered in development of the EDT estimate.
‘Affidavit for Economic Impact signed by the person(s) who prepared the Study for the application.
Affidavit of Endorsing Entity signed by each endorsing municipality, county and/or LOC.
Event Support Contract is a contract by and between a Site Selection Organization and a local organizingcommittee, an endorsing municipality, or an endorsing county setting out the representations and assurances ofthe parties with respect to the selection of a site in this state for the location of an event, and the requirementsand costs necessary for the preparation or presentation of an event. Due before the first day of the event, earlysubmission will provide EDT with the opportunity to review the contract and address any issues prior to theevent.
Note: Disclosure of Information under the Public Information Act. All documents submitted to the Office of theGovernor (OOG) may be subject to disclosure under the Texas Public Information Act, Chapter 552 of the TexasGovernment Code (“the Act”), including, but not limited to, the application, event support contract, economic impactanalysis, and all disbursement documentation submitted after the event, whether created or produced by the applicantor by any third-party. If it is necessary to include proprietary or otherwise confidential information in the documents
submitted, that particular information should be clearly identified as such. Merely making a blanket claim that the alldocuments are protected from disclosure because they may contain some proprietary or confidential information isnot acceptable, and will not render the information confidential. Any information that is not clearly identified asproprietary or confidential will be released in accordance with the Act.
I, the authorized representative of the applicant, certify that the representations made, the facts stated in thisapplication and all supplemental documents are true and correct, and that no relevant facts have been intentionallyomitted, as evidenced by my signature below. I hereby agree, on behalf of the applicant, to comply with the reportingrequirements and will provide other documentation as requested.
Sign atU’
i3-nr- ot4i’
Name (Printed)
—
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FEDERATION INTERNATIONALS
DE MCTDCYCLISM
PRESS RELEASEMIES, 23/01/2017FOR MORE INFORMATION: ISABELLE LARIVIERE
COMMUNICATIONS MANAGERisabetLe. Iarivierefim.chTEL +41 22 950 95 68
* Evening Race
FIM Grand Prix Wortd Championship2017 final Calendar, 23 January
About the FIM (www.ftm.llve.com)The FIM (Fédération Internationate de Motocyclisme) founded In 1904, is the governing body for motorcyclesport and the global advocate for motorcycling. The FIM Is an independent association formed by 113National Federations throughout the world, It is recognised as the sole competent authority in motorcyclesport by the International Olympic Committee (IOC). Among Its 50 FIM World Championships the mainevents are MotoGP, Superbike, Endurance, Motocross, Supercross, Triat, Enduro, Cross-Country Rallies andSpeedway. Furthermore, the FIM is also active and involved in the following areas: public affairs, roadsafety, touring and protection of the environment. The ElM was the first internationat sports federation toimpose an Environmental Code in 1994.
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TEC’-41 229509500FAX *41 22 950 95 [email protected]
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04 June11 June25 June02 July06 August13 August27 August10 September24 September15 October22 October29 October12 November
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___ ___
PRESS RELEASEMIES, 02/11/2015FOR MORE INFORMATION: ISABELLE LARIVIERE
COMMUNICATIONS [email protected]+41229509568
ElM Road Racing World Championship Grand Prix
2016 provisional Calendar, updated 02 November (Changes in bold)
20 March Qatar* Losalt International Circuit03 April Repbl1ca Argentina Termas de RIo Hondo10 April Americas Circuit of The Americas24 April Spain Circulto de Jerez08 May France Le Mans22 May ItaLy Autodromo del Mugetlo05 June Catalunya Barcelona Catatunya26 June Netherlands TT Circuit Assen17 July Germany Sachsenring14 August Austria Red Bull Ring - Spielberg21 August Czech Republic Automotodrom Brno**
04 September Great Britain Silverstone Circuit11 September San Marino e delta Riviera di Rimini Misano World Circuit Marco Simoncetti25 September Aragón MotorLand Aragón16 October Japan Twin Ring Motegi23 October Australia Phillip Island30 October Mataysia Sepang Internationat Circuit13 November Comunitat Vatenclana Comunitat Vatenciana Ricardo Tormo
* Evening Race
Subject to contract
About the FIM (www.firn.Uve.com)The ViM (Fédération internationaie de Motocyctisme) founded In 1904, is the governing body for motorcyclesport and the global advocate for motorcycling, The VIM Is an independent association formed by 112National Federations throughout the worid, it is recognised as the sole competent authority in motorcyclesport by the international Olympic Committee (bC) Among its 50 ViM World Championships the mainevents are MotoGP, Superbike, Endurance, Motocross, Supercross, Trial, Enduro, Cross-Country Ratlies andSpeedway. Furthermore, the ViM is also active and involved in the toliowing areas: pubiic affairs, roadsafety touting and protection of the environment. The VIM was the first international sports federation toimpose an Environmental Code in 1994,
11 ROUTE DE SUISSE TEL .41 229509500CH .1295 tAlES FAX +41 229509501
lnto®flrn.chFOUNDED 1904 W,%W,FiM.LIYE.COM
EXHIBIT A TO 2016 MOTOGP ETF APPLICATIONFDERATIDN INTERNATIDNALE
MOTtDCYCLISME
PRESS RELEASEMIES, 11/02/2015FOR MORE INFORMATION: ISABELLE LARIVIERE
COMMUNICATIONS MANAGERisabetle. [email protected] +41 22 950 95 68
FIM Road Racing World Championship Grand Prix201 5 provisional calendar, updated 11 February
The British Grand Prix, Initially scheduLed to take place on 30 August at Donington Park Circuit shallbe finally hosted on same dates at the SiLverstone Circuit.The 2015 FIM Road Racing Wori.d Championship Grand Prix calendar has been amended as follows(change in boLd).
* Evening Race** Saturday Race
About the FIM (www.fim.live.com)The FIM ftédération internationale de Motocyclisme) founded in 1904, is the governing body for motorcyclesport and the global advocate for motorcycling. The FIM is an Independent association formed by 112National Federations throughout the world. It is recognised as the sole competent authority In motorcyclesport by the International Olympic Committee (lOC). Among Its 50 F1M World Championships the mainevents are MotoGP Superbike, Endurance, Motocross, Supercross, Trial, Enduro, Cross-Country Rallies andSpeedway. Furthermore, the FIM is also active and involved in the following areas: public affaIrs, roadsafety, touring and protection of the environment. The FIM was the first International sports federation toimpose an Environmental Code in 1994.
ii R0UT Dr suisstCII 1295 MIES
TEL 14122 9509500FAX ‘4122 95095 01InfoUm,chiWdW. FIM.LIVE.COM
29 March Qatar* Losail Internationat Circuit12 Aprit Americas Circuit of The Americas19 Aprit Repábtica Argentina Tetmas de Ro Honda03 May Spain Circulto de Jerez17 May France Le Mans31 May Italy Autodromo del Mugetlo14 June Catatunya Barcelona - Catatunya27 June 1T-Assen” U Circuit Assen12 July Germany Sachsenring09 August Indianapolis IndianapoLis Motor Speedway16 August Czech Repubtic Automotodrom Brno30 August Great Britain Silverstone Circuit13 September San Marina e deLta RivIera di Rimini Misano WorLd Circuit Marco SimoncelU27 September AragOn MotorLand Aragön11 October Japan Twin Ring Motegi18 October Austratia PhitlIp Island25 October Malaysia Sepang Internationat Circuit08 November Comunitat Vatenciana Comunitat Vatenciana - Ricardo Tormo
FOUNDED 1904
EXHIBIT A TO 2016 MOTOGP ETF APPLICATION
iELttnAT,ON NTERNATINALE
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PRESS RELEASEMIES, 24/02/2014FOR MORE INFORMATION: ISABECLE LARIVIERE
PRESS OFFICERlsabetle.LarMere®flm.chTEL+41 229509568
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2014 ulnat Catëndar, Z4 February (Change In bold)
Date Grand PtIx Circuft23 Match Qatar* Doha/Losalt13 ApriL Americas AustIn27 April Argentina Termas de Rio Honda
04 May Spain Jerex de La Frontera18 May France Ce Mans1 June Itaty Mugetto15 June Catatunya Barcetona-Catatunya28 June Nethertands** U Assen13 JuLy Germany Sachsenrlng10 August IndianapolIs GP IndianapoLis17 August Czech Republic Brno31 August Great Britain Sitverstone14 September San Marina & Riviera dl RlmInI Marco Simoncelti Misano28 September Aragon MotorLand Aragon12 October Japan Motegi
19 October AustralIa PhItlip Island
26 October MalaysIa Sepang
09 November Vatencia Ricardo Tormo-Vatencla
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“Saturday Race
About the FIM (j’,ww.fim-llve.com)The FIM (Fédératlon Intematlonale de Motocyclisme) founded In 1904, Is the governing lody for motorcycle sport end the globaladvocate for motorcycling, The IM Is an Independent association formed by 111 natlonat Federations throughout the world. it isrecognised as the sole competent authority In motorcycle sport by the Inteniatlonat Olympic Committee (IOC). Among its 50 FlUWorld Championships the main events are MotoGP, Superbike, Endurance, Motocross, Supercross, Trial, Enduro, Cross-CountryRallies and Speedway. Furthermore, the FlU Is also active and Involved in the foitowing areas: public affairs, road safety, tourIngand protection of the environment. The FIM was the first International sports federation tc impose an Environmental Code In1994.
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EXHIBIT A TO 2016 MOTOOP ETF APPLICATION
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PRESS OFFICERtsabelte.tarjvlereefjm,ctiT1+41fl9509568
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advocate for motacciclltig. The rIM Is iii Independent asoclaUon fonned by 103 Hatkonat FederatIons throuiout thi wertd. It Is
recoiiwd a; the ivle conipefeM es*homfly In ntrKcyde sport by the In(ernatkonat Olympic Ccmmftt. ()C). knor Its 56 FIM
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wdrotecdon of the erndrownent. The FIM ys the flist rnatkdnsl sports ledecatkn to ImpOse in EnslronneMal Code In
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MotoGP’TIME SCHEDULE PROVISIONAL SCHEDULEINFORMATION
*schedule subject to change
-------——----—______
08:30-18:00 GatesOpenlClose
09:00-09:40 40 mm. Moto3TM Free Practice 1
09:55-10:40 45 miii. MotoGPTM Free Practice 1
10:55-11:40 45 mm, Moto2T Free Practice 1
11:55-12:25 30mm. Superbike Qualifying
13:10-13:50 40mm. Moto3TM Free Practice2
14:05-14:50 45mm, MotoGPrM FreePractice2
15:05-15:50 45mm. Moto2TM FreePractice2
16:05-16:45 40 mm. Supersport Qualifying
17:00-17:25 25 mm.
00O
___
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07:00-18:00 Gates Open/Close
07:30-07:50 20 mm. Supersport Warm Up
08:00-08:20 20 mm. Superhike Warm Up
09:00-09:40 40 mm. Moto3TM Free Practice 3
09:55-10:40 45 mm. M0t0GPTM Free Practice 3
10:55-11:40 45mm. Moto2TM FreePractice3
12:35-13:15 40mm. Moto3’M Qualifying
13:30-14:00 30mm. M0t0GPTM FreePractice4
14:10-14:25 15 mm. M0t0GPTM Qualifying 1
14:35-14:50 15mm. M0t0GPTM Qualifying2
i55-15:50
_____
45 miii. Moto2
_______
fyjj
16:15
______________
Racej!__
17:00
06:00
_________________
Public Parking Opens
07:00-19:00 Gates Open/Close
07:30-07:50 20 mm. Superbike
___________
Warm Up
08:40-09:00 20 mm. Moto3TM Warm Up
09:10-09:30 20 mm. Moto2TM Warm Up
09:40-10:00 20mm. MotoGPj
11:00 Moto3TM Race(l8laps)
12:20 Moto2TM — Racefl9laps)
14:00 MotoGPTM
_15:30 Surbike Ij5la16:00-16:30 Fan Track Walk
_______
City of AustinCity Manager’s OfficeP.O. Box 1088, Austin, TX 78767(512) 974-2200, Fax (512) 974-2833
Elaine Hart, Interim City ManagerE1aine.hart(austintexasgpy
December 20, 2017
Office of the GovernorTexas Economic Development BankEconomic Development & TourismPost Office Box 12428Austin, Texas 78711
Attention: Director
Dear Director:
The City of Austin requests participation in the Events Trust Fund (ETF) pursuant toTEx. REV. Civ. STAT. ART. 5190.14 Section 5C (Act) as authorized by Austin CityCouncil action contained in resolution dated December 13, 2012 in support of the FIMRoad Racing World Championship Grand Prix, commonly known as “MotoGP” for theApril 20-22, 2018 event marketed as the MotoGP Red Bull Grand Prix of The AmericasRace at Circuit of The Americas (Event) in Austin. This action satisfies the requirementsof 10 TAC, Part 5, Section l84.102(a)(l) and documents that Austin is the endorsingmunicipality in accordance with the Act.
Enclosed is correspondence from DORNA SPORTS S.L. (DORNA) confirming theselection of Austin, Texas as the location for the Event in April of 2018 and subsequentyears. The correspondence from DORNA satisfies the requirements found at 10 TAC,Part 5, Chapter 184, Subchapter B, Section 1 84.202(a)(2).
The correspondence from DORNA states that the selection of Austin as the location forthe Event was completed afler substantial competition in their process of reviewing anumber of venues interested in hosting their series. Further, DORNA does not anticipateholding any other similar Event in Texas or its contiguous states during any year that theEvent is held at the Circuit of the Americas in Austin. We believe that this supports afinding that Austin was selected as the site for this Event consistent with the requirementsof 10 TAC Section 184.201.
The Circuit Events Local Organizing Committee is the City’s designee to act as the localorganizing committee for the event, to submit an application to the Office of theGovernor, Texas Economic Development Bank, for participation of the Event in the ETF
under the Act, to submit the ETf economic impact analysis, to fund the City’s localcontribution to the ETf, and to apply for and receive reimbursement of trust funds foreligible expenses from the Elf.
Sincerely,
CITY Of AUSTIN, TEXAS
By:____Elaine Hart, Interim City Manager
The Cliv ofAustin is committed to compliance wit/i the American wit?, Disabilities Act.Reasonable ,nodflcatio,,s and equal access to communications will be provided upon request.
)RI\’P
Ms. Elaine HartInterim City ManagerCity of AustinAustin, Texas 78701
via email: [email protected]
Madrid, December 19, 2017
Dear Ms. I-[art,
We have received and appreciate the confirmation of application, dated December 1 5th, 2017,from Circuit Events Local Organizing Committee (“CELOC’), as designee and on behalf’ ofthe City of Austin, to host an event of the FIM Road Racing World Championship Grand Prix(“Commonly known as MotoGPThI”) in Austin from 2018 to 2027 at the raceway facilities inAustin, Texas, USA, known as Circuit of the Americas.
As we emphasized in our previous letters to you, there was substantial competition in ourprocess of reviewing a number of venues interested in hosting our international series. Ourprior selection of Austin, Texas as the site for the 2014-2017 MotoGPTl Events is herebymade and confirmed. Congratulations!
The Mot0GPTM series is a unique event that appeals to an attractive fan demographic,featuring the world’s best riders and teams competing at prestigious venues around the worldincluding the United Kingdom, Spain, France, Italy, Japan, Australia and Malaysia.MotoGPThI brings a substantial number of tourists to each region where we race, and weanticipate that our expected events during 2018 through 2027 in Austin will generatesignificant interest as well as major economic benefit to the community.
We look forward to receiving and working with CELOC to finalize an Event SupportContract related to the local and State support available for the events.
Yours sincerely,
/Edjue Aldama
‘edO-CFODORNA SPORTS $.L.
Print;ipe dc Vergara, 183 - 28002 Madrid, Spain Tel. +34 917 820 220 - Fac -34 915615 807
Circuit Events Local Organizing CommitteeAttention: Ms. Anna Panossian9201 Circuit of the Americas Blvd.Dcl Valle, Texas 78617
ida email: anna1hecircuit.comMadrid, December 19th, 2017
Dear Ms. Panossian,
We appreciate the confirmation of the application by Circtiit Events Local Organizing Committee,dated December 15, 2017 submitted as designee on behalf of the City of Austin, to host an eventof the FIM Road Racing World Championship Grand Prix (“Commonly known as MotoGP”) for2018 and beyond in Austin, Texas at the raceway facilities known as Circuit of the Americas. Weunderstand that your application is submitted in confirmation of and supplemental to your priorapplication to us dated December 17,2012.
As we emphasized in our previous letters to you and City officials, there has been and remainssubstantial competition in our process of reviewing a number of venues interested in hosting ourWorld Series. Please consider this letter as confirmation ofour selection of Austin, Texas, and theCircuit of the Americas to host the MotoGP event each year of the upcoming series from 2018through 2027 subject to sign the relevant agreements. Congratulations!
As noted in your December 17, 2012 letter, we do not anticipate sanctioning or holding any othersimilar FIM Road Racing World Championship Grand Prix Event in Texas or its contiguous statesduring 2018 or any other year that the MotoGP at the Circuit of the Americas is held in Austin,
The MotoGP series features the world’s best riders and teams that appeal to a diverse audience.We race at venues in many countries, including Spain, France, Great Britain, Germany, Italy,Australia, Japan and Malaysia. MotoGP brings a substantial number of tourists to each regionwhere we race, and we anticipate that a race in Austin will generate significant interest as well asmajor economic benefit to the community.
We look forward to receiving and working with you to finalize an Event Support Contract relatedto the local and State support available through CELOC andih Circuit of the Americas.
Yours sincerel”I
Eni ne Aldam t
‘.CfO-CfODORNA SPORTS S.L.
PriicIpe U Vrgara, 183- 28002 Madrid, Spain- Tel +34917820220- Fa 34 915 515 807
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s15
.::.
•..“
..•.
‘%.
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
{2an
gel
ouec
onom
ics
LLHw
-a
•1-’
x 0U
U
E
CC00w
000
-t
1.1.1
I—: 0-c
0 IO 0
C
LU3-I
_I I
I-
TAB
LEO
FC
ON
TE
NT
S(T
able
s)
Tab
le1
—20
18M
otoG
PE
stim
ated
Exp
endi
ture
san
dE
ffec
ts5
Tab
le2
—20
1$E
stim
ated
Out
-of-
stat
eA
tten
danc
e5
Tab
le3
—20
1$E
stim
ated
Tot
alD
aily
Att
enda
nce
5
Tab
le4—
2018
Est
imat
edD
aily
Att
ende
eE
xpen
ditu
res
6
Tab
le5
—20
1$M
otoG
PE
stim
ated
Tot
alE
xpen
ditu
res
7
Tab
le6—
201$
Mot
oGP
Est
imat
edD
irec
tIn
crem
enta
lTa
xR
ecei
ptIn
crea
seby
Cat
egor
y8
Tab
le7—
2018
Mot
oGP
Tot
alIn
crem
enta
lTa
xG
ain
9
Tab
le8—
2018
Est
imat
edS
ales
and
Use
Exp
endi
ture
s10
Tab
le9—
2018
Det
aile
dA
tten
dee
Exp
endi
ture
sE
stim
ates
10
Tab
le10
—20
1$E
stim
ated
Sal
esan
dU
seD
irec
tTa
xIm
pact
s10
Tab
le11
—20
18E
stim
ated
Hot
elO
ccup
ancy
Dir
ect
Tax
Eff
ect
11
Tab
le12
—20
18E
stim
ated
Mix
edB
ever
age
Dir
ect
Tax
Eff
ects
11
Tab
le13
—20
1$E
stim
ated
Titl
e5,
Alc
ohol
icB
ever
age
Cod
eD
irec
tTa
xE
ffec
t12
Tab
le14
—20
1$E
stim
ated
Ren
tal
Veh
icle
Dir
ect
Tax
Eff
ect
12
Tab
le15
—20
18E
stim
ated
Hot
elan
dR
enta
lC
arE
xpen
ditu
res
13
Tab
le16
—20
18E
stim
ated
Dai
lyA
tten
dee
Exp
endi
ture
s13
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
I4an
gelo
ueco
nom
ics
EX
EC
UT
IV
ES
UM
MA
RY
________________
iL
_.
____________
.L_________
..1.
Intr
oducti
on
Mot
oGP
isth
elo
nges
tru
nnin
gm
otor
spor
tcha
mpi
onsh
ipin
the
wor
ld,
itw
asfir
sthe
ldin
1949
.Si
nce
then
itha
sco
ntin
ued
toca
ptiv
ate
fans
with
thril
ling
mot
orcy
cle
road
race
s.D
espi
teM
otoG
P’s
long
histo
ry,
the
first
Mot
oGP
inth
eA
mer
ica’
sw
ashe
ldin
2013
inA
ustin
,Te
xas.
Sinc
e20
13,
Mot
oGP
has
beco
me
anan
nual
even
t in
Aus
tin.
The
even
tals
oha
sa
broa
din
tern
atio
nal
reac
h,th
epr
elim
inar
ysc
hedu
lefo
rth
e20
18M
otoG
Pbi
lls22
circ
uits
in15
coun
tries
.Ci
rcui
tof
the
Am
eric
as(C
OTA
)in
Aus
tin,
Texa
swi
llho
stth
e20
18M
otoG
Fw
hich
will
beth
esix
thye
arth
atCO
TAis
host
ing
the
Gra
ndPr
ix.
Mot
oGP’
sin
tern
atio
nal
and
natio
nal
appe
alat
tract
sa
vibr
antc
row
dto
Texa
sfo
rth
eev
ent.
The
seou
t-of-
stat
e(Q
OS)
and
out-o
f-co
untry
visi
tors
incr
ease
econ
omic
activ
ityin
Aus
tinas
part
ofth
eir
atte
ndan
ce.
Atte
ndee
ssp
end
mon
eyon
lodg
ing,
food
and
beve
rage
s,en
terta
inm
ent
and
reta
ilbo
thon
-an
dof
f-site
.A
dditi
onal
ly,
COTA
spen
dssi
gnifi
cant
capi
tal
topr
ogra
mth
eev
ent.
Atte
ndee
spen
ding
and
pres
enta
tion
cost
sar
ecr
itica
ldr
iver
sof
the
even
ts’
econ
omic
impa
ct.
In20
18,
itis
estim
ated
that
27,6
81QO
Sfa
nswi
lltra
vel t
oA
ustin
tow
atch
the
Mot
oGP
Cha
mpi
onsh
ip.
The
com
bine
dex
pend
iture
sof
QO
Sfa
nsp
endi
ngan
dCO
TApr
esen
tatio
nco
sts
are
estim
ated
toha
vea
dire
ctim
pact
of$8
8.5M
onth
elo
cal
econ
omy
that
wou
ldno
tha
veoc
curr
edif
Mot
oGP
wer
eno
thel
dat
the
Circ
uito
f the
Am
eric
as.
Sou
rces
:AE,
CO
TA,
Tex
asC
ompt
roll
erof
Publ
icA
ccou
nts
angelo
ueconom
ics
2018
Mot
oGP
Est
imat
edE
xpen
dit
ure
san
dE
ffec
ts
Tot
als
Ex
pen
dit
ure
s$88,5
17,2
55
Tax
Eff
ects
$3,9
90,5
44
Tab
le1:
Est
imat
ed20
18ex
pend
itur
esan
def
fect
s
2018
Est
imat
edT
otal
Att
endan
ce
Tot
alA
tten
dan
ceC
ert.
00
5F
ans
On-
Sit
e0
05
Fan
s
40
,76
868
%2
7,6
81
Tab
le2
Est
imat
edO
ut-
of-
stat
eA
tten
dan
ce:
Tot
alat
tendan
cean
d005
atte
nd
ance
esti
mat
esba
sed
on20
16ce
rtif
ied
num
bers
(see
Exh
ibit
C)
2018
Est
imat
edO
ut-
of-
Sta
teD
aily
Att
endan
ce
II
Est
imat
edU
niqu
eF
rida
yS
atur
day
Sun
day
005
Vis
itor
Day
s
28,2
35
28
,235
28,2
35
84
,70
5
Tab
le3
Est
imat
edO
ut-
of-
stat
eA
tten
dan
ce:
Dai
lyat
tendan
ceis
esti
mat
edto
beev
enly
dist
ribu
ted
amon
gal
lth
ree
days
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
5
EXEC
UTI
VE
SUM
MA
RY
The
Mod
el
Inad
ditio
nto
estim
ated
atte
ndan
ce,
aneq
ually
impo
rtant
piec
eof
data
used
toes
timat
eth
e20
18M
otoG
P’s
tax
impa
cts
was
spen
ding
data
from
anat
tend
eesu
rvey
that
was
circ
ulat
edto
Mot
oGP
ticke
tpu
rcha
sers
follo
win
gth
e20
14M
otoG
Pev
ent.
The
onlin
esu
rvey
was
circ
ulat
edvi
aem
ail
byCO
TAan
dre
ceiv
edov
er57
0re
spon
ses.
The
2014
surv
eyre
pres
ents
the
mos
tre
cent
data
avai
labl
ean
dsh
ould
bere
gard
edw
itha
high
degr
eeof
conf
iden
ceas
atte
ndee
dem
ogra
phic
san
dev
ent
prog
ram
min
gha
veno
tch
ange
dsig
nific
antly
.
Itco
llect
edin
form
atio
non
DO
S,ou
t-of-
area
(but
still
Texa
s),
and
out-o
f-co
untry
atte
ndee
s’sp
endi
ngpa
ttern
san
dav
erag
ele
ngth
ofst
ayin
Aus
tinfo
rth
eev
ent.
OO
Sat
tend
ees
aver
age
leng
thof
stay
inA
ustin
was
3.06
days
.Th
esu
rvey
info
rmed
the
proj
ecte
dex
pend
iture
s.Ea
chca
tego
ryof
aver
age
daily
spen
ding
was
mul
tiplie
dby
the
certi
fied
num
ber
ofun
ique
DO
Sat
tend
eeda
ysto
deriv
eth
ees
timat
eddi
rect
impa
cts
(See
Tabl
e1,
p.5)
.A
dditi
onal
ly,
CO
lA’s
pres
enta
tion
cost
sw
ere
incl
uded
inth
em
odel
tore
flect
tax
impa
ctof
thos
eex
pend
iture
son
Texa
s’s
econ
omy.
The
estim
ated
dire
ctex
pend
iture
calc
ulat
ions
wer
eso
rted
into
asp
ecifi
c,ap
plic
able
tax
cate
gory
and
itsim
pact
was
mul
tiplie
dby
itsre
spec
tive
tax
rate
(see
Tabl
e6,
p.8)
.T
hese
calc
ulat
ions
beca
me
the
estim
ated
dire
ctta
xim
pact
sfo
rthe
2018
Mot
oGP.
5our
ces:
AE
.C
OTA
angel
ou
eco
no
mic
s
201$
Est
imat
edD
aily
Att
endee
Exp
endi
ture
sper
Per
son
Exp
endi
ture
Typ
eA
vera
geS
pent
/Day
Hot
el$1
56
Ren
tal
Car
$61
Mix
edB
ever
age
$52
Bee
r&W
ine
$64
Food
&N
on-a
lcoh
olic
beve
rage
s$1
29
Oth
erR
etai
l$6
3
Mer
chan
dise
$98
Oth
eren
tert
ainm
ent
$140
Tot
al$7
63
Tab
le4
Est
imat
edD
aily
Exp
endi
ture
s:A
vera
geda
ilysp
endi
ngof
005
atte
ndee
spe
rpe
rson
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
I6
2018
Mot
oGP
EC
ON
OM
ICIM
PAC
T1
20
18
Tot
alE
stim
ated
Impac
tsto
Tex
as
Bas
edon
the
onlin
eat
tend
eesu
rvey
,it
ises
timat
edth
atC
OS
atte
ndee
swi
llsp
end
$75.
5m
illio
nin
Texa
sbe
caus
eof
the
2018
Mot
oGP
atCO
TA.
Tab
le5,
dem
onst
rate
sth
atth
eto
tal
spen
ding
atth
eev
ents
houl
dbe
appr
oxim
atel
y$8
8.5
mill
ion.
201$
Mot
oGP
Est
imat
edT
otal
Exp
endi
ture
st
Sal
es&
Use
*
Ren
tal
Car
Tot
alE
xpen
dit
ure
s
$75,
457,
207
$1,0
64,7
63
Hot
el$5
,792
,881
Titl
e5,
AB
C
Mix
edB
ever
age
$3,8
60,1
84
$2,3
42,2
20
Tot
al$8
8,51
7,25
5
Tab
le5:
Est
imat
edex
pend
itur
esus
edto
esti
mat
ein
crem
enta
lta
xre
ceip
tin
crea
ses
due
to20
18ev
ent
*
-E
xpen
ditu
res
incl
udes
air
trav
el,
how
ever
,ai
rtr
avel
isno
tin
clud
edin
the
dire
ctim
pact
’sta
xef
fect
s-
Sum
mat
ions
may
not
beex
act
due
toro
undi
ngS
ourc
es:A
E,
CO
TA
ang
eIo
uec
onom
cs20
18M
otoG
PE
cono
mic
Impa
ct:
ET
F7
20
18
MotoG
PE
CO
NO
MIC
IM
PA
CT
____
____
____
___
____
____
____
____
__
ZE
EE
EZ
20
1$
Est
imat
edD
irec
tT
axG
ain
toth
eS
tate
of
Tex
as
AE
estim
ated
the
dire
ctta
xga
ins
toth
eSt
ate
ofTe
xas
fort
he20
18M
otoG
Pba
sed
onE
lFqu
alifi
edex
pend
iture
sby
00
5at
tend
ees
and
pres
enta
tion
cost
s.Th
isis
the
one-
for-
one
tax
gain
the
Stat
ewi
llse
eba
sed
onth
epr
ojec
ted
spen
ding
incr
ease
inTe
xas
due
toth
eev
ent.
As
seen
inT
able
6,th
ees
timat
eddi
rect
expe
nditu
res
from
OO
Sat
tend
ees
and
pres
enta
tion
cost
swi
llad
dal
mos
t$4
mill
ion
inta
xga
ins
toth
eSt
ate.
Estim
ates
indi
cate
dth
atsa
les
&us
eex
pend
iture
swi
llbe
the
mos
tim
pact
iul,
they
shou
ldac
coun
tfo
r78
%or
$3.1
mill
ion
ofth
eta
xga
ins,
and
appr
oxim
atel
y$7
5.5
mill
ion
indi
rect
expe
nditu
res.
20
1$
Moto
GP
Est
imat
edD
irec
tIn
crem
enta
lT
axR
ecei
pt
Incr
ease
sby
Cat
egory
Exp
endi
ture
Sta
teT
axR
ate
Tax
Eff
ect
Hot
el$5
,792
,881
6%$3
47,5
73
Titl
e5,
AB
C$3
,860
,184
6.1%
$235
,471
Mix
edB
ever
age
(Gro
ssR
ecei
pts)
$425
,858
6.7%
$28,
532
Mix
edB
ever
age
(Ind
ivid
ual
Bev
erag
e)$1
,916
,361
8.25
%$1
58,1
00
Tot
al$8
8,51
7,25
5$3
,990
,544
Tab
le6:
Est
imat
eddi
rect
incr
emen
tal
tax
rece
ipt
incr
ease
byta
xca
tego
ryan
def
fect
type
for
2018
*
-E
xpen
ditu
res
incl
udes
air
trav
el,
air
trav
elis
not
incl
uded
indi
rect
impa
cts
tax
effe
cts
Sou
rces
:AE
,C
OTA
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
I8
Sal
esan
dU
se*
Ren
tal
Car
$75,
457,
207
$1,0
64,7
63
6.25
%
10%
$3,1
14,3
91
$106
,476
angelo
ueconom
ics
2018
Mo
toG
PE
CO
NO
MIC
IMP
AC
T
________
____
F:
___________
2018
Mot
oGP
Est
imat
edT
otal
Tax
Gai
nto
the
Sta
teof
Tex
as
ElF
enab
les
incr
emen
tal
tax
incr
ease
sfro
mst
atut
orily
appr
oved
taxe
s(T
able
6,pg
.8)
, whi
char
eat
tribu
tabl
eto
the
even
t,to
bede
posi
ted
into
atru
stfu
ndto
reim
burs
ea
loca
lgo
vern
men
tor
loca
lor
gani
zing
com
mitt
eefo
rce
rtain
elig
ible
cost
sas
soci
ated
with
cond
uctin
gth
eev
ent.
Inor
der
toqu
alify
for
reim
burs
emen
t,th
ebe
nefic
iary
ofth
etru
stfu
ndpr
ovid
esa
loca
lm
atch
base
don
the
incr
emen
tal
tax
reve
nues
gene
rate
dby
the
even
t.Th
em
atch
is$1
for
each
$6.2
5th
est
ate
cont
ribut
esto
the
fund
.U
sing
that
form
ula,
the
loca
lm
atch
is$6
38,4
87($
3,99
0,54
4/6
.25)
.
Bas
edon
the
tota
lin
crem
enta
lta
xga
into
the
Sta
teof
Tex
as,
Cir
cuit
Eve
nts
Loc
alO
rgan
izin
gC
omm
ittee
requ
ests
that
the
Off
ice
ofth
eG
over
nor
certi
fya
depo
sit
of$4
,629
,031
into
anET
Fac
coun
tes
tabl
ishe
dfo
rthe
2018
Mot
oGP.
Sou
rces
:AE,
CO
TA
-
20
18
Mo
toG
PT
ota
lIn
crem
enta
lT
axG
ain
Sale
s&
Use
Ren
tal
Car
Hot
el
Mix
edB
ever
age
$186,6
32
Tot
alIn
crem
enta
lTa
xG
ain
toT
exas
$3,9
90
,54
4
Loc
alM
atch
$63
8,4
27
Tot
alIn
crem
enta
lTa
xG
ain
$4
,62
9,0
31
Tab
le7:
2018
Mot
oGP
Tot
alIn
crem
enta
lT
axG
ain
Titl
e5,
ABC
$347,5
73
$3,1
14
,39
1
$1
06,4
76
$2
35
,47
1
angel
ouec
onom
ics
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
I9
2018
Mot
oGP
DET
AIL
EDE
CO
NO
MIC
IMPA
CT
2018
Est
imat
eD
irec
tTax
Impa
cts
Sal
es&
Use
Tax
Sale
san
dus
eta
xis
estim
ated
tobe
the
mos
tim
pact
iul
ofall
the
taxe
sge
nera
ted
due
toth
e20
18M
otoG
P.O
n-an
dof
f-site
atte
ndee
expe
nditu
res
wer
ein
clud
edin
the
dire
ctex
pend
iture
estim
ates
.Ta
ble
8is
the
tota
les
timat
eddi
rect
expe
nditu
res
from
OO
Sat
tend
ees
and
pres
enta
tion
cost
s.Ta
ble
9co
ntai
nsth
ees
timat
eddi
rect
incr
emen
tal
tax
rece
ipt
incr
ease
sin
sale
san
dus
eta
xes
due
toth
e20
18M
otoG
P.La
stly,
Tabl
e10
deta
ilsto
tal
00
$at
tend
eeex
pend
iture
estim
ates
byty
pe.
2018
Est
imat
edS
ales
and
Use
Exp
end
itu
res
Exp
endi
ture
Cat
egor
yIL.
Am
ount
00
5A
tten
dee
$38,6
65,5
21
Pre
sen
tati
on
Cos
ts*
$11,
164,
733
Tot
al$49,8
30,2
54
Tab
le8:
Est
imat
edto
tal
expe
ndit
ures
of005
spen
ding
and
even
tpr
esen
tati
onco
sts
for
2018
*-
For
ade
tail
edbr
eako
utof
Pre
sent
atio
nC
osts
,se
eE
xhib
itE,
pg.
33S
ourc
es:A
E,C
OTA
ang
elo
uec
on
om
ics
2018
Det
aile
dA
tten
dee
Exp
endit
ure
Est
imat
es
Ex
pen
dit
ure
Typ
eA
mo
un
t
App
arel
Fan
Mer
chan
dis
e
Oth
erR
etai
l
Oth
erE
nte
rtai
nm
ent
Foo
d&
Non
-alc
ohol
icbev
erag
es
Tax
is
Tot
al
$8,2
12,3
71
$4,1
81,8
22
$1,3
43,5
16
$11,7
52,3
28
$11,
128,
265
$2,0
47,2
19
$3
8,6
65,5
21
Tab
le9:
Est
imat
edto
tal
005
atte
ndee
expe
ndit
ures
for
2018
2018
Est
imat
edS
ales
and
Use
Dir
ect
Tax
Impac
ts
Ex
pen
dit
ure
(R
’T
xE
ffec
t
Dir
ect
6.25
%$3,1
14,3
91
Tab
le10
:E
stim
ated
deta
iled
sale
san
dus
eta
xim
pact
sfr
om20
18
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
I10
$49,8
30,2
54
2018
Mo
toG
PD
ET
AIL
ED
EC
ON
OM
ICIM
PA
CT
_
__
__
_
2018
Est
imat
eD
irec
tTax
Impa
cts
Hot
elO
ccup
ancy
Tax
The
hote
loc
cupa
ncy
tax
ispr
ojec
ted
toha
veth
ese
cond
larg
est
tax
impa
ctfo
rTex
asdu
ring
the
2018
Mot
oGP
wee
kend
.D
rivin
gth
isis
that
anes
timat
ed82
%of
005
atte
ndee
swi
llsp
end
anav
erag
eof
3.06
days
ina
hote
lfo
rth
eev
ent.
Both
stat
ean
dlo
cal
gove
rnm
ents
appl
yho
tel
occu
panc
yta
xes
tolo
dgin
g.Fo
rthe
purp
ose
ofth
isre
port,
how
ever
,on
lyth
est
ate
rate
of6%
was
appl
ied
toca
lcul
ate
the
dire
ctta
xef
fect
s.Ta
ble
11es
timat
esth
edi
rect
tax
rece
ipts
incr
ease
toth
eSt
ate
fort
he20
18M
otoG
P.
Sour
ces:
AE,
CO
TA
Mix
edA
lcoh
olic
Bev
erag
esTa
x
Mix
edal
coho
licbe
vera
geta
xes
are
dist
ribut
eddi
ffer
ently
than
othe
rta
xes.
Firs
tthe
reis
6.7%
gros
sre
ceip
ttax
onall
mix
edbe
vera
gesa
les.
Effe
ctiv
ein
2014
,th
ere
isal
soa
8.25
%ta
xon
indi
vidu
alm
ixed
alco
holic
beve
rage
s.Ta
ble
12ca
lcul
ates
the
estim
ated
dire
ctta
xef
fect
sof
both
tax
rate
son
the
stat
e’s
econ
omy
fort
he20
18ev
ent.
2018
Est
imat
edM
ixed
Bev
erag
eD
irec
tT
axE
ffec
ts
Gro
ssR
ecei
pt*
$425,8
58
Indi
vidu
al$1,9
16,3
61
Bev
erag
e
$2,3
42,2
20$1
86,6
32
Tab
le12
:E
stim
ated
tax
effe
cts
of00$
mix
edbe
vera
gegr
oss
tax
rece
ipt
and
indi
vidu
alm
ixed
beve
rage
tax
impa
cts
for
2018
*-
The
aver
age
mar
kup
onm
ixed
beve
rage
sis
450%
,to
gene
rate
the
gros
sre
ceip
tsfo
rm
ixed
beve
rage
purc
hase
s,th
ein
divi
dual
beve
rage
tax
was
decr
ease
dby
450%
.T
heta
xef
fect
sw
ere
capt
ured
byap
plyi
ngth
egr
oss
rece
ipt
tax
rate
toth
egr
oss
rece
ipts
expe
ndit
ure.
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
I
Dir
ect20
18E
stim
ated
Hot
elO
ccup
ancy
Dir
ect
Tax
Eff
ect
Ex
pen
dit
ure
____
____
____
__
Tax
Rate
Ij
Tax
Eff
ect
$5,7
92,8
81
6.0%
Tab
le11
:E
stim
ated
00$
hote
loc
cupa
ncy
dire
ctta
xef
fect
sfo
r20
1$$347,5
73
VT
ax
Rat
eT
axEf
fect
Tot
al
6.7%
8.25
%
$28,
532
$158,1
00
ange
loue
cono
mic
s11
2018
Moto
GP
DE
TA
ILE
DE
CO
NO
MIC
IMP
AC
T
2018
Est
imat
eD
irec
tTax
Impa
cts
Title
5,A
lcoh
olic
Bev
erag
eC
ode
Tax
Title
5of
the
Alc
ohol
icB
ever
age
Cod
ees
tabl
ishe
sa
tax
byvo
lum
efo
rno
n-m
ixed
alco
holic
beve
rage
s,su
chas
beef
lw
ine,
cham
pagn
e,an
dm
alt
liquo
rs’.
The
prec
ise
amou
ntof
alco
hol
byvo
lum
eso
ldby
vend
ors
to0
0$
atte
ndee
sdu
ring
the
2018
Mot
oGP
wou
ldbe
extre
mel
ydi
fficu
ltto
estim
ate
sinc
eit
wou
ldre
quite
ahi
ghle
vel
ofco
ordi
natio
nw
ithve
ndor
sto
unde
rsta
ndth
equ
antit
yof
elig
ible
beve
rage
sso
ldth
roug
hout
the
city,
the
corr
espo
ndin
gal
coho
lby
volu
me,
and
whe
ther
orno
tth
ebe
vera
gew
aspu
rcha
sed
byan
00
$at
tend
eeof
anET
Fel
igib
leev
ent.
0ff-
site
bars
and
rest
aura
nts
dono
tm
aint
ain
reco
rds
with
such
ahi
ghde
gree
ofde
tail.
Due
toth
ehi
ghde
gree
ofdi
fficu
ltyan
dco
mpl
exity
invo
lved
inca
lcul
atin
gTi
tle5
taxe
s,a
surr
ogat
era
teof
6.1%
isus
ed.
This
rate
isba
sed
onth
eco
mpt
rolle
r’s
revi
ewof
num
erou
shi
storic
alET
Fan
dM
ERP
stud
ies.
Due
toth
eco
mpt
rolle
r’s
cont
inue
dre
cogn
ition
ofan
dco
mpl
ianc
ew
ithth
isra
te,
itis
assu
med
tobe
ago
odap
prox
imat
ion
tode
rive
Title
5ta
xes
timat
es. A
sse
enin
Tabl
e13
,th
isre
port
uses
the
appr
oxim
ated
tax
rate
toes
timat
eth
eta
xin
crea
sefro
mbe
eran
dw
ine
sale
sfo
rthe
2018
Mot
oGP.
201$
Est
imat
edT
itle
5,A
lcoh
olic
Bev
erag
eC
ode
Dir
ect
Tax
Eff
ect
____
____
____
_
Am
ount
__________
Tax
Effe
ctIg T
able
13:
Est
imat
eddi
rect
005
tax
impa
cts
from
beer
and
win
epu
rcha
ses
for
the
2018
*-
See
appe
ndix
for
spec
ific
taxe
sby
volu
me
Sour
ces:
AE,
CO
TA
Ren
tal
Car
Tax
Anes
timat
ed39
%of
00$
visi
tors
will
rent
aca
rw
hile
visit
ing
Texa
sfo
rth
e20
18M
otoG
Pfo
ran
aver
age
of3.
06da
ys.
The
Texa
sTa
xC
ode
Sect
ion
152.
026
esta
blis
hes
ata
xra
teof
10%
for
car
rent
als
that
last
less
than
30-
days
.Th
edi
rect
expe
nditu
rees
timat
esw
ere
deve
lope
dba
sed
onth
esu
rvey
sre
lativ
eto
aver
age
rent
alra
tes,
aver
age
rent
alle
ngth
,nu
mbe
rof
peop
lepe
rca
r(s
eeEx
hibi
tE
forf
ullca
lcul
atio
n).
The
10%
rate
was
appl
ied
toth
edi
rect
expe
nditu
res,
asse
enin
Tabl
e14
,to
calc
ulat
eth
ees
timat
eddi
rect
expe
nditu
reta
xef
fect
sfro
mth
e20
18M
otoG
P.
201$
Est
imat
edR
enta
lV
ehic
leD
irec
tT
axE
ffec
t
Ex
pen
dit
ure
Am
ou
nt
Tax
Rat
eT
axE
ffec
t
Dir
ect
$3,8
60,1
84
6.1%
$235,4
71
Dir
ect
$1,0
64,7
6310
%$106,4
76
Tab
le14
:E
stim
ated
dire
ct0
05
tax
impa
cts
onre
ntal
vehi
cles
for
2018
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
ange
loue
cono
mic
s12
ME
TH
OD
OL
OG
Y
Out
-of-
Sta
teS
pend
ing
Atte
ndee
Spen
ding
Gen
eral
spen
ding
patte
rns
byou
t-of-
stat
eat
tend
ees
wer
eba
sed
onan
onlin
esu
rvey
ofM
otoG
Ptic
ket
hold
ers
and
atte
ndee
sco
nduc
ted
byCO
TAfo
rthe
2014
even
t.O
vera
ll,th
esu
rvey
inqu
ired
abou
t:
-at
tend
ee’s
prim
ary
resi
denc
e(fr
omTe
xas
orD
OS)
—tra
vel
patte
rns
car
rent
alex
pend
iture
sgr
oup/
party
size
,ho
tels
tays
.‘-
aver
age
daily
expe
nditu
res
onm
erch
andi
seat
COTA
aver
age
daily
expe
nditu
res
onot
her
reta
il,
aver
age
daily
expe
nditu
res
onfo
od&
non-
alco
holic
beve
rage
sav
erag
eda
ilyex
pend
iture
son
mix
eddr
inks
-A
vera
geda
ilyex
pend
iture
son
beer
and
win
e
Bas
edon
surv
eyre
spon
ses,
daily
spen
ding
isap
plie
don
ape
rca
pita
basi
sba
sed
byty
peof
expe
nditu
re.
Tota
lex
pend
iture
sw
ere
calc
ulat
edba
sed
onth
epe
rca
pita
expe
nditu
refo
rea
chat
tend
eeth
atpa
rtici
pate
din
the
expe
nditu
rety
pe.
Tabl
e15
and
Tabl
e16
show
the
spen
ding
patte
rns
for
DO
Sat
tend
ees.
Tab
le15
:A
tten
dee
spen
ding
patt
erns
onho
tels
and
rent
alca
rs
2018
Est
imat
edD
aily
Att
endee
Exp
endi
ture
s
Bee
r&
Win
e
Foo
d&
Non
-alc
ohol
icbev
erag
es
Oth
erR
etai
l
Mer
chan
dis
e
$64
$129
$63
$98
Sou
rces
:AE
,C
OTA
Oth
erE
nte
rtai
nm
ent
Tab
le16
:D
aily
atte
ndee
expe
ndit
ures
for
2018
$140
201$
Mot
oGP
Eco
nom
icIm
pact
:E
TF
I
201$
Est
imat
edH
otel
and
Ren
tal
Car
Exp
endi
ture
s
Avg
.%
Sp
ent/
day
Par
tici
pat
ion
Hot
el
Car
Ren
tal
Fl
$156
$61
82%
39%
3.06
3.08
Exp
endi
ture
Typ
eA
vera
geS
pen
t/D
ay
Mix
edB
ever
age
$52
ang
elo
uec
onom
ics
13
ME
TH
OD
OL
OG
Y
Out
-of-
stat
eS
pend
ing
Pre
sent
atio
nC
osts
The
pres
enta
tion
cost
sfo
rth
e20
18M
otoG
Par
eal
soin
clud
edin
the
impa
ctes
timat
es,
buto
nly
thos
eco
sts
that
fall
with
inth
epu
rvie
wof
the
stat
ute
(see
Exhi
bit
E).
Pres
enta
tion
cost
sw
ere
plac
edun
der
the
sale
san
dus
eta
xca
tego
rysi
nce
the
even
tis
cons
ider
edan
amus
emen
tse
rvic
eby
the
tax
code
,an
dth
eref
ore
itis
the
mos
tapp
ropr
iate
tax
cate
gory
.
Belo
war
eth
eca
tego
ries
ofex
pend
iture
sas
soci
ated
with
pres
entin
gth
e20
18M
otoG
P:
+A
dver
tisin
gan
dre
late
dse
rvic
es
••Le
gal
and
perm
ittin
gfe
es
+Fa
cilit
ies
supp
orts
ervi
ces
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
Ian
gel
ouec
onom
ics
14
EX
HIB
ITA
Tax
Cat
egor
ies
and
Rat
es
Hot
elO
ccup
ancy
Hot
el
Gen
eral
mer
chan
dise
;cl
othi
ng;
oth
erS
ales
and
Use
ente
rtai
nm
ent;
food
and
non-
alco
holi
cbe
vera
ges
Ren
tal
Car
s10
%(u
nder
30-d
ays)
r67%
-M
ixed
Bev
erag
eG
ross
rece
ipts
Mix
edbe
vera
ges
8.25
%-
Mix
edB
ever
age
Sal
esTa
x
Titl
e5,
AB
CTa
x
Sou
rces
:T
exas
Com
ptro
ller
ofPu
blic
Acc
ount
s
Bee
r&
Win
e6.
1%
2018
Mot
oGP
Eco
nom
icIm
pact
:E
TF
I
ETF
Tax
Cat
egor
ies
and
Rat
es
Cat
egor
yE
xpen
ditu
rety
pe
Car
Ren
tal
Mix
edB
ever
ages
Tax
Rat
e
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ouec
onom
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( ) I It I. I C I It \ ii
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ii .,.
AFFIDAVITfor Economic Impact Documentation
Affidavit to be completed, including signed and notarized, by any and all party(ies) providingeconomic data to support an application for an Event Trust Fund, Major Events Reimbursement
Program or Motor Sports Racing Trust Fund.
l,William Melhr, am providing information to be used by a City, County or Local Organizing Committee for the purposeof receiving funding through the Event Trust Fund, Major Events Reimbursement Program, or Motor Sports RacingTrust Fund (‘the Act”), and hereby swear anti affirm that, to the best of my knowledge, any data provided is true andarcurate, and any projections made are based on reasonable assumptions documented in the information provided Ifurther swear and affirm that I have reviewed the information being submitted, and that all of the statements macicand information provided herein, including statements mado and information provided in any attachments are true,complete, and correct, to the best of my knowledge. Information provided includes but is not limited to an economic.impact study or other data sufficient for the Economic Development and Tourism Office to make the determination ofthe ncrenwntal increase in tax revenue associated with hosting the event in Texas, including a listing of any data for,my related activities.
I understand that the City, County or Local Organizing Committee is receiving funding under the Act for the purposes offacilitating this event: In I i MotucP Red t3ull Grand Pri of The Americas on these dates: April 10—12. 201 and that theinformation will be provided by the City, County or Local Organizing Committee as a government document.
I understand that it is a felony offense under Section 37,10, Texas Penal Code, to knowingly make a false entry in, orfalse alteration of, a governmental record, or to make, present, or use a governmental record with knowledge of itsfalsity, when lhe actor has the intent to harm or defraud another.
I understand that the offense of perjury, under Section 37.02, Texas Penal Code, is committed when a person, withintent to deceive antI with knowledge of the statemenl’s meaning, makes a false statement under oath or swears tothe truth of a false statement previously made anti the statement is required or authorized by law to be macic underoath.
I tiriclerslancl my obligation to provide information about event expectations, performance, and expenses that are trueann accurate to the best of my knowledge and ability. I also understand my nhligatinn to immediately report anyknown or suspected waste, fraud, and abuse of funds received under the Act to the Texas State Auditor’s Office at1-80O-82-8348. I hereby swear and affirm that I have read the entire affidavit, and I understand its contents.
IEW W)DE OPENBUSINF8S’
‘ri [Oil i.42s \I SW’., II 7II ,12.’)t(, Iii \\\,\\ 1,1151 I[\il[tI ‘Ii l\ I
I \IrI(
Afhant Signature
Title and Name of Organization
1. -Lf I
( ) I I, r I iii C I II \ I I it
hr (I\IiI l)i i- I’NlI \ \ ‘lii I,\i
The State of Texas
County of
‘!i i I el I orBefore me, a Notary Public, on this day personally appeared ____.
________
, known to me to be tImperson whose name is subscribed to the forgoing instrument and acknowledged to me thaI he/sIre executed the samefor the purpose and consideration therein expressed,
Given under ny hand and 5eaI of office thisjq t h day of flee cruhcr 201? —
,1X j
i’ 1c ( ‘-
Notary Publç/ SI ale of Texas
SEAL)
[srIrr’r Angel riir
tPrint name of Notary Public here)
My commission expires thePt II
day 20? I
L WIDE OPENI LflU !BUSINE$S
- v.
Jett’Printed ame
/ //rDate
tSTh11R ANGEl Ciii
NOIrir PIIbIIc Srri iii
Comm EEpIrr fl?-2tI JO?1Notary ID 76935’o
I II \ I ‘I ! I IN, \ 7 Ii SI ‘I W iii 55 5555 51 Ii “i rI I S II
GovERNoR GREG ABBOTTECONOMIC DEVELOPMENT & TOuRIsM
AFFIDAVITof Endorsing Entity
Affidavit to be completed, including signed and notarized, by any and all Municipalities, Counties, and/orLOCs endorsing an Event Trust Fund, Major Events Reimbursement Program or Motor Sports Racing Trust
Fund.
I, Anna Panossian, an authorized representative of Circuit Events Local Organizing Committee, a [Local OrganizingCommittee (nonprofit corporation), endorsing municipality or endorsing county] (circle one) (“Requestor”) that isreceiving funding through the Event Trust Fund, Major Events Reimbursement Program or Motor Sports Racing TrustFund (“the Act”), hereby swear and affirm that, to the best of my knowledge, the Requestor has designed andimplemented internal controls, processes and procedures to help the Requestor ensure that the Requestor and its useof these funds complies with all applicable laws, rules, and written guidance from the Economic Development andTourism Office. I further swear and affirm that I, or my duly authorized employee, representative, or agent, havereviewed the information, and that all of the statements made and information provided therein, includingstatements made and information provided in any attachments are true, complete, and correct to the best of myknowledge. All other information submitted as part of this request for participation is being represented by me astrue and correct, and I am unaware of any information contained therein that is false, misleading, or fraudulent.Information provided includes hut is not limited to:
(1) A letter from the municipality or county requesting participation in the Events Trust Fund program and signed by aperson authorized to bind the municipality or county;
(2) A letter from the site selection organization on organization letterhead selecting the site in Texas;(3) An economic impact study or other data sufficient for the Economic Development and Tourism Office to make the
determination of the incremental increase in tax revenue associated with hosting the event in Texas, including alisting of any data for any related activities;
(4) An application for an Events Trust Fund program and any attachments; and(5) An Event Support Contract
I understand that I am receiving funding under the Act for the purposes of facilitating this event: 2018 Red Bull GrandPrix of The Americas on these dates: April 20-22, 2018. I understand that non-compliance with reporting requirementscould be treated as a violation of the statute and/or program rules resulting in the possible withholding ofdisbursement funding.
I understand that it is a felony offense under Section 37.10, Texas Penal Code, to knowingly make a false entry in, orfalse alteration of, a governmental record, or to make, present, or use a governmental record with knowledge of itsfalsity, when the actor has the intent to harm or defraud another.
POST Orricc Box 12428 AUSTIN, TEXAS 78711 * 512-936-0100 * GOV.TEXAS.COV
Printed Name
Date
(PERSONALIZED SEAL)
arty
20/a
I understand that the offense of perjury, under Section 37.02, Texas Penal Code, is committed when a person, withintent to deceive and with knowledge of the statement’s meaning, makes a false statement under oath or swears tothe truth of a false statement previously made and the statement is required or authorized by law to be made underoath.
I understand my obligation to provide information about event expectations, performance, and expenses that aretrue and accurate to the best of my knowledge and ability. I also understand my obligation to immediately report anyknown or suspected waste, fraud, and abuse of funds received under the Act to the Texas State Auditor’s Office at
1-800-892-8348. I hereby swear and affirm that I have read the entire affidavit, and I understand its contents.
Aftianf’ignature
S--- c cto c 1-t-°tI7Title and Name of Organization
The State of Texas
(TCountyof
_______________
Before me, a Notary Public, on this day personally appeared 4 Pg , known to me to be theperson whose name is subscribed to the forgoing instrument and acknowledged to me that he/she executed the samefor the purpose and consideration therein expressed.
Given under my hand and seal of office this
______day
of - -
________
My commission expires the t day of__________ 20
LARRV 1. MOORENotary PubflC State of Texas
My Commission ExpheSAugust 01, 2018
Notary Public, State of Texas
fPrint!name of Notary Public here)
POST OFFICE Box 12428 AusTIN, TExAs 78711 * 512-936-0100 * GOV.TEXAS.GOV
GOVERNOR GREG ABBOTT
ECONOMIC DEvELOPMENT & TouRIsM
AFFIDAVITof Endorsing Entity
Affidavit to be completed, including signed and notarized, by any and all Municipalities, Counties, and/orLOCs endorsing an Event Trust Fund, Major Events Reimbursement Program or Motor Sports Racing Trust
Fund.
I, Elaine Hart, an authorized representative of the City of Austin, a [Local Organizing Committee (nonprofit
corporation), endorsing municipality or endorsing county] (circle one) f”Requestor”) that is receiving funding through
the Event Trust Fund, Major Events Reimbursement Program or Motor Sports Racing Trust Fund (“the Act”), hereby
swear and affirm that, to the best of my knowledge, the Requestor has designed and implemented internal controls,
processes and procedures to help the Requestor ensure that the Requestor and its use of these funds complies with
all applicable laws, rules, and written guidance from the Economic Development and Tourism Office. I further swear
and affirm that I, or my duly authorized employee, representative, or agent, have reviewed the information, and that
all of the statements made and information provided therein, including statements made and information provided in
any attachments are true, complete, and correct to the best of my knowledge. All other information submitted as part
of this request for participation is being represented by me as true and correct, and I am unaware of any information
contained therein that is false, misleading, or fraudulent. Information provided includes but is not limited to:
(1) A letter from the municipality or county requesting participation in the Events Trust Fund program and signed by a
person authorized to bind the municipality or county;
(2) A letter from the site selection organization on organization letterhead selecting the site in Texas;
(3) An economic impact study or other data sufficient for the Economic Development and Tourism Office to make the
determination of the incremental increase in tax revenuassc;ed iopig the’ë’êrit in Texas, including a
listing of any data for any related activities;‘A
(4) An application for an Events Trust Fund program and any attaiiJjrnents; nd,(5) An Event Support Contract
I understand that I am receiving funding under the Act for the purposes of facilitating this event: 2018 Red Bull Grand
Prix of The Americas (MotoGP) on these dates: April 20-22, 2018. I understand that non-compliance with reporting
requirements could be treated as a violation of the statute and/or program rules resulting in the possible withholding
of disbursement funding.
I understand that it is a felony offense under Section 37.10, Texas Penal Code, to knowingly make a false entry in, or
false alteration of, a governmental record, or to make, present, or use a governmental record with knowledge of its
falsity, when the actor has the intent to harm or defraud another.
POST OFFICE Box 12428 AuSTIN, TExAS 78711 * 512-936-0100 * cov.TExAs.Gov
I understand that the offense of perjury, under Section 37.02, Texas Penal Code, is committed when a person, with
intent to deceive and with knowledge of the statement’s meaning, makes a false statement under oath or swears to
the truth of a false statement previously made and the statement is required or authorized by law to be made under
oath.
I understand my obligation to provide information about event expectations, performance, and expenses that are
true and accurate to the best of my knowledge and ability. I also understand my obligation to immediately report any
known or suspected waste, fraud, and abuse of funds received under the Act to the Texas State Auditor’s Office at
1-800-892-8348. I hereby swear and affirm that I have read the entire affidavit, and I understand its contents.
Affiant Signature
% 47’>v/%7tg
‘i-7L12
Title and Name of Organization
The State of Texas
County of
_______________
LAZ7-LdBefore me, a Notary Public, on this day personally appeared — , known to me to be the
person whose name is subscribed to the forgoing instrument and acknowledged to me that he/she executed the same
for the purpose and consideration therein expressed.
Given under my hand and seal of office this
______day
of
__________________ ________
ROSEMAPIE MAPTINEZNotary Public. State of Texas
j.34.F’%%I My Commission Expires\V November06, 2018
.r.r3UNALlZED SEAL)
(Print name of Notary Public here)
My commission expires the_____ day of he%o I
Printed Name
/L-ZO- 2/7Date
2017
Public, State of Texas
i
POST OFFICE Box 12428 AuSTIN, TExAS 78711 * 512-936-0100 * cov.TExAs.Gov
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