Formula 1 supremo Bernie Ecclestone is convinced the United States Grand Prix will take place in 2016, despite doubts over the Austin event.

        By: Pablo Elizalde, News Editor

Formula 1 supremo Bernie Ecclestone is convinced the United States Grand Prix will take place in 2016, despite doubts over the Austin event.

The future of the race was thrown into doubt last month after the Texas state government reduced the subsidy it pays to the Circuit of the Americas which hosts the grand prix.

"To use a technical term, I think we're screwed," COTA chairman Bobby Epstein told the American-Statesman last month.

"It hit us cold. No one could foresee this coming.

"But the big question now is, 'Is the race coming back?'"

The United States Grand Prix was marked as subject to confirmation when the FIA's World Motor Sport Council announced the 2016 F1 calendar last week.

But Ecclestone remains confident the financial situation will be sorted and the race will go ahead.

"It will be, for sure, they will sort their finances out," Ecclestone told Sky Sports television in an interview.

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Ecclestone sure US Grand Prix will go ahead