The Formula 1 United States Grand Prix at Circuit of The Americas in Austin, Texas, appears to be back on track.

In February, the event seemed in doubt after the organizers missed a paperwork deadline that would ensure an estimated $20 million-$25 million state government funding payment. COTA officials apparently missed the deadline for turning in paperwork regarding a human trafficking policy statement that was required with the formal application for the funds.

However, the Associated Press reported this week that state lawmakers (in Texas) have stepped in with a measure that would let them reapply and get the money. The bill has already passed the Texas House of Representatives and awaits a Senate vote before the legislative session ends May 27, according to the AP report.

Tickets for this year's November 3 race are on sale, and Formula 1 has not declared publicly that the event is in doubt.

"The economy, the city, Texas and the country benefit (from the U.S. Grand Prix)," said Texas State Representative John Frullo, who authored the bill. "I don't know their finances, but they did everything they were supposed to do. We want to make sure a small technicality doesn't get in the way."

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