Austin circuit construction set to go ahead after Ecclestone deal

Circuit of the Americas chiefs have announced construction of the track will resume immediately after saying they have reached an agreement with F1 supremo Bernie Ecclestone

Austin circuit construction set to go ahead after Ecclestone deal

The event, scheduled to host the penultimate round of the 2012 championship, was in doubt after construction was stopped because of problems with the contracts.

Ecclestone gave organisers an extended deadline after failing to meet the original one.

After the race was included in the final 2012 calendar released by the FIA, Austin officials said work on the track will resume right away, and they are confident it will be ready for the grand prix.

"Mr. Ecclestone received his check today. We want to thank the fans supporting us, the local officials and businesses that have encouraged us, the State of Texas, Circuit of The Americas' staff and Bernie himself," said founding partner Red McCombs.

"I want to thank and commend Bobby Epstein for getting us across the finish line. Bobby's perseverance and leadership kept the project on track despite unfair and unfounded criticism.

"Our investors have believed all along that this project has tremendous benefit for our region, and provides a strong economic engine for the future," stated Epstein, founding partner of Circuit of The Americas.

"We remain committed to reaching our goal of being valuable community partners as we establish a platform for sports and entertainment. We're glad that Tavo's vision of bringing F1 to the people of Texas will become a reality."

"We have a substantial number of fans who have expressed interest in buying tickets and hospitality, so today is a win for all of them as much as it is for Circuit of The Americas," said Steve Sexton, president of Circuit of The Americas, added.

"We encourage everyone to visit our website and register for information. Registered fans will receive the first communication regarding ticket sales plans. In a matter of weeks we will have more exciting news as we unveil our full calendar of world class events."

shares
comments
FIA announces new sporting rules for 2012 Formula 1 season

Previous article

FIA announces new sporting rules for 2012 Formula 1 season

Next article

Martin Brundle says Sky's F1 coverage will be under pressure from the outset of 2012

Martin Brundle says Sky's F1 coverage will be under pressure from the outset of 2012
Load comments
Why unseen Hungary heroics could be the making of F1's most overlooked driver Plus

Why unseen Hungary heroics could be the making of F1's most overlooked driver

The chaotic start to the Hungarian GP set the scene for F1's less heralded drivers to make a name for themselves. Esteban Ocon did just that to win in fine style, but further down the order one driver was making his first visit to the points and - while the circumstances were fortunate - took full advantage of the chance presented to him

Hungarian Grand Prix Driver Ratings Plus

Hungarian Grand Prix Driver Ratings

This was race that showcased the best and worst of Formula 1, producing a first time winner and a memorable comeback to a podium finish. Avoiding trouble at the start and astute strategy calls were key to success, but where some drivers took full advantage, others made key errors that cost them dearly

Formula 1
Aug 2, 2021
The “heart-breaking” call that led to Ocon’s Hungarian GP triumph Plus

The “heart-breaking” call that led to Ocon’s Hungarian GP triumph

Set to restart the red-flagged Hungarian Grand Prix in second, Esteban Ocon had some doubts when he peeled into the pits to swap his intermediate tyres for slicks. But this "heart-breaking" call was vindicated in spectacular fashion as the Alpine driver staved off race-long pressure from Sebastian Vettel for a memorable maiden Formula 1 victory

Formula 1
Aug 2, 2021
The F1 champion who became an Indy king in his second career Plus

The F1 champion who became an Indy king in his second career

Emerson Fittipaldi’s decision to go racing with his brother led to him falling out of F1, but he bloomed again on the IndyCar scene. NIGEL ROEBUCK considers a career of two halves

Formula 1
Jul 31, 2021
Why Mercedes is pleased to be in the Hungary hunt at a 'Red Bull track' Plus

Why Mercedes is pleased to be in the Hungary hunt at a 'Red Bull track'

Mercedes ended Friday practice at the Hungaroring with a clear gap to Red Bull thanks to Valtteri Bottas’s pace in topping FP2. But there are other reasons why the Black Arrows squad feels satisfied with its progress so far at a track many Formula 1 observers reckon favours Red Bull overall

Formula 1
Jul 30, 2021
How Red Bull endured its second car crash in two weeks Plus

How Red Bull endured its second car crash in two weeks

OPINION: Red Bull was justified to be upset that Lewis Hamilton survived his British GP clash with Max Verstappen and went on to win. But its attempts to lobby the FIA to reconsider the severity of Hamilton's in-race penalty were always likely to backfire, and have only succeeded in creating a PR disaster that will distract from its on-track efforts

Formula 1
Jul 30, 2021
The ‘screaming’ F1 engine future that may not be out of reach Plus

The ‘screaming’ F1 engine future that may not be out of reach

OPINION: It wasn't just the Verstappen/Hamilton clash that had the Red Bull and Mercedes bosses at loggerheads at Silverstone, with the nature of Formula 1's 2025 engines also subject for disagreement. But hopes to have loud, emotive engines that are also environmentally friendly don't have to be opposed

Formula 1
Jul 29, 2021
The drivers that need to strike gold before F1's summer break Plus

The drivers that need to strike gold before F1's summer break

OPINION: Formula 1 is about to break up for summer 2021, with the title battles finely poised. But it’s not just the latest round of Max Verstappen vs Lewis Hamilton that will be worth watching this weekend in Hungary, as plenty of drivers are eying big results to change the stories of their seasons so far

Formula 1
Jul 28, 2021