By Adam Tate, Managing Editor American Formula One fans rejoice! Recent troubles that have put the US Grand Prix’s fate at stake may have been averted by a recent settlement. According to the Austin American-Statesman, Circuit of the Americas has reached a settlement with the Travis County Central Appraisal District that has lowered the 2015 appraised value of the circuit by over $180,000,000. The move, pushed for by COTA bosses since 2014 will see the track save millions of dollars in property taxes. Enough to recoup the losses from state funding and
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