TimesOnline blogger Kevin Eason disses the recently announced US GP to be held in Austin, Texas from 2012 on.
He makes strong points. There's no history to this organization, there's no indication where the money will come from, and they only have 18 months to put it together. He compares it with the Donnington debacle and we all remember how that turned out.
Personally? I think F1 is on thin ice in the US right now. Between cutting and running from Indianapolis, the USF1 farce (which at least had Peter Windsor behind it), and don't forget the nearly-on-no-wait-its-been-cancelled race around Liberty Park in New York from all of two or three weeks ago, anything announced with any kind of fanfare needs to be solid and deliver.
If it turns out that a couple of hicks have conned Ecclestone then F1's reputation in the US will be permanently scarred.
Here's hoping these guys can do the business.
(Update: it isn't looking likely at this point: Joe Saward claims they don't even have any land yet...)