\u00a0A United States grand prix will once again feature on the formula one calendar.<\/p>\n
In the midst of reports that New York was Bernie Ecclestone’s favoured location, the sport announced late on Tuesday that Austin, Texas will in fact stage its first race in 2012.<\/p>\n
The 10-year contract is for a “purpose-built” facility, F1 chief executive Ecclestone said in a statement, although details including an actual site, cost or race date were not released.<\/p>\n
A report of the AP news agency said the venue would be built “within 10 miles” of Austin airport.<\/p>\n
The promoter is Full Throttle Productions, headed by Tavo Hellmund, who Texas Comptroller of Public Accounts Susan Combs revealed has a “30 year relationship with Mr Ecclestone”.<\/p>\n
“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,” said Hellmund.<\/p>\n
“We realise that over the last 30 years there have been one or two missing pieces from the previous editions of the formula one United States grand prix,” he added.<\/p>\n
Never on a purpose-built circuit, previous US grands prix have been held at Watkins Glen, Long Beach, Las Vegas, Detroit, Dallas and Phoenix.<\/p>\n
Between 2000 and 2007, the famous Indianapolis Motor Speedway hosted the event, and spokesman Fred Nation on Tuesday questioned whether the “business deal” between F1 and Austin is a sound one.<\/p>\n
“Since 2007, we have been asked many times about having formula one return, and our answer has been the same each time: if the business deal is right, they are welcome back.<\/p>\n
“If such a deal is in place in Austin, we wish both the city and formula one success for a race in the United States,” he said.<\/p>\n
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