Formula One supremo Bernie Ecclestone has confirmed he will allow the Circuit of the Americas track in Austin Texas additional time in which to pay its race fee amid a recent reduction in state financial support. Said Bernie Ecclestone to the Austin American-Statesman, "We said they can pay late this year. They get money from the state, and the money from the state is late, so that's why they are late." One month on from the torrential Grand Prix weekend and with still no payment being received from the circuit, Ecclestone has confirmed he is happy to wait for the Americans to get their house in order. Traditionally, a $30 million hosting fee is due to be paid three months prior the event being held, but with Formula One keen to get a strong foothold in the United States it seems that Ecclestone's usual strict rules are being relaxed somewhat on this occasion. COTA received $25 million dollar payments from the state of Texas in 2012, 2013 and 2014, but this is set to be cut by more than 20 per cent for 2015, to around $19.5 million, despite an annual hosting fee rise. Rumors continue to linger about the possibility of the F1 circus courting other venues across the United States but one struggles to see a suitable alternative capable of hold Grand Prix races in the immediate future.