F1 and NASCAR scheduled in Texas for same day in 2014

Formula One and NASCAR will be racing deep in the heart of Texas on the same day next year.

The FIA, international motorsports' governing body, released its 2014 calendar Wednesday, placing the U.S. Grand Prix in Austin on Nov. 2. That's the same day as the NASCAR Sprint Cup race at Texas Motor Speedway in Fort Worth, a three-hour drive from Austin.

"It's a foolish move by Formula One," said Eddie Gossage, president of Texas Motor Speedway. "Our two NASCAR Sprint Cup races draw the two largest crowds in Texas sports. It isn't the smartest move to try to compete with that. I'm sure regardless of what they say publicly, the folks at the Austin track are pulling their hair out over this one. They don't have any say over their date."

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