Formula One coming to Texas.

#1

TXA&M07

Roll the dice....
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#1
May 26, 2010, 7:47 am
Formula One’s U.S. Return to Be in Austin
By FORMULA ONE BLOG
From our colleagues at Formula One blog:

Not Indianapolis, not New York, not Las Vegas but Austin, Tex., will host the return of Formula One to the United States, the Formula One rights holder announced today.

After the Indianapolis deal ended in 2007, there have been many rumors about efforts to get Formula One back to the United States. Now it’s done, and the deal covers 2012 to 2021, according the statement by Formula One World Championship Limited, Formula One Administration Limited (together, the F1 Commercial Rights Holder) and Full Throttle Productions, the promoter of the Formula One United States Grand Prix.

“We are extremely honored and proud to reach an agreement with the F1 Commercial Rights Holder,” said Tavo Hellmund, of Full Throttle Productions. “We have been diligently working together for several years to bring this great event to Austin, the state of Texas and back to the United States. All parties involved have a great amount of trust and confidence in each other and are committed to establishing the Formula 1 United States Grand Prix in Austin, Tex., as a prestigious global event.”

What is more interesting is that Bernie Ecclestone is also announcing that there will be a “world-class facility purpose-built” to host the event. With all the futuristic Hermann Tilke monolithic tracks cropping up around the world — in Bahrain, China, Malaysia, etc. — this must mean something special.


I dont follow racing very much at all, but I know enough to form an opinon. If Formula 1 failed in Indy, how in the hell are they going to make it work in Austin? Im pretty sure this publicity stunt is doomed from the start.

Thoughts?
 
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