Previously set to host Formula One in 2012 and MotoGP in 2013, the Circuit of the Americas promises to bring more premier motorsport racing to the United States of America. However, news coming out of Austin, Texas is that construction of the new GP-quality circuit has been halted because a contract between Formula One and Circuit of the Americas has not yet been conveyed to the race track according to the parties’ previously agreed upon timetable.
While it is not clear why the contract from Formula One has not been delivered to organizers of the Circuit of the Americas, the news that the construction at the circuit’s location, with its over 300 construction workers, has been halted could mean delays in having the venue ready for the 2012 Formula One season, which in turn could cause delays with MotoGP’s plans to run at the track a year after the premier car racing series. The Circuit of the Americas organizers say construction on the facility would resume once delivery of the Formula One Grand Prix race contract occurs.
“We have spent tremendous resources preparing for the Formula One and MotoGP Championship races, but the failure to deliver race contracts gives us great concern,” said Bobby Epstein, Founding Partner of Circuit of the Americas. “We believe the United States is vital for the future of Formula One and its teams and sponsors. Given the purpose-built Tilke design, creating a unique fan experience and iconic challenge for drivers, we hope that Texas will not be left behind. More than 100,000 fans have expressed an interest in purchasing tickets for Formula One alone.”
“It is in the best interest of all parties to reach a timely resolution,” said Red McCombs, Chairman of McCombs Enterprises and Founding Partner of Circuit of the Americas. “Local businesses, fans and the State of Texas are counting on us.”
Source: Circuit of the Americas
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