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Texas site secured for US F1 track

 FROM THE NEW ZEALAND HERALD:  Race promoters say they have secured a site and designer to build a track for the new Formula One United States Grand Prix to be run in Austin, beginning in 2012.

Tavo Hellmund, managing partner of Full Throttle Productions wouldn’t disclose the location of the Austin-area site nor its price, but said it’s “more than 700 acres.”

Hellmund also said the German firm Tilke firm had been hired to design the venue. Tilke has built racetracks in Abu Dhabi, Bahrain, Shanghai and Istanbul among other cities.

Formula One officials made the surprise announcement of the revival of the United States Grand Prix, which hasn’t been run since it was last held at Indianapolis Motor Speedway in 2007. MORE»

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