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The Formula 1 United States Grand
Prix™ Comes to Austin
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Formula One World Championship Limited and Formula
One Administration Limited (together, the F1 Commercial Rights Holder) and Full
Throttle Productions, LP, promoter of the Formula 1 United States Grand
Prix™ have announced an historic agreement for Austin, Texas to serve as
the host city of the Formula 1 United States Grand Prix™ for years 2012
through 2021.
"As many Americans know, Austin has earned a reputation as one of the 'it'
cities in the United States," stated Tavo Hellmund. |
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"Austin features that rare
combination of ideal geographic location and beauty. Its fine dining,
world-renowned hospitality and excellent transportation infrastructure make
Austin ideally suited to host and manage an event of this magnitude. Few cities
if any in America could rival the connectivity of all these key elements needed
for hosting a Formula 1 event as well as Austin."
Now, many people around the world will have the opportunity to experience a
world-class event, facility and city. "We are pleased Texas has the
opportunity to be involved with Formula 1 and that an event of this magnitude
is coming to Austin," said Susan Combs, Texas Comptroller of Public
Accounts. "It has been a pleasure working with Full Throttle Productions,
LP and Mr. Hellmund on this project. Their tradition of producing successful
major events coupled with a thirty year relationship with Mr. Ecclestone has us
looking forward to this worldwide event and the benefits it will bring,
including local job creation, increased tourism and a significant economic
impact added to our state economy. The visibility and prestige of this event
will spotlight our state on an international stage."
Texas Governor Rick Perry conveyed his enthusiasm for the project, explaining
Texas' relatively strong economy continues to draw both national and
international attention and I commend Comptroller Combs for her work in
bringing this City of Austin Mayor Lee Leffingwell continued the positive
sentiments, adding |
"The City of Austin will be proud to host this magnificent event and I
look forward to welcoming the participants and fans of Formula One to our
City."
City Features:
- State capital nicknamed 'Silicon Hills' for being one of the most
important regions in the US for the Technology Industry
- USA's 15th largest city and is located 145 miles from Houston (4th largest
US city), 70 miles from San Antonio (7th largest US city), and 180 miles from
Dallas (8th largest US city), population in this triangle is over 22 million
- Perfectly located geographically for North, South and Central American
visitors
- Over 130 daily departing international flights within 180 miles
- Over 250,000 hotel rooms within 180 miles
- Desirable year-round climate, with an average annual temperature of 68
degrees Fahrenheit / (20 Celsius)
- Geographically located in the Texas Hill Country, easily the most
beautiful city in the State, and considered one of the most beautiful in the
U.S.
- Hotels/downtown/Formula 1 circuit/airport located within close proximity of
each other, which is nearly impossible for any other large city in the US
- World-class nightlife entertainment along renowned 'Sixth Street'
- Large film industry presence with many movies filmed in the area
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Inside F1
Understanding the Sport
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Formula One, also known as Formula 1
or F1, and currently officially referred to as the FIA Formula One World
Championship, is the highest class of single-seater auto racing sanctioned by
the FédérationInternationale de l'Automobile (FIA). The
"formula" in the name refers to a set of rules to which all
participants' cars must comply.
The F1 season consists of a series of races, known as Grand Prix, held on
purpose-built circuits, and public roads.
The results of each race are combined to determine two annual World
Championships, one for the drivers and one for the constructors, with racing
drivers, constructor teams, track |
officials, organizers and circuits required to be holders of
valid Super Licenses, the highest class racing license issued by the FIA.
Formula One cars race at high speeds, up to 360 km/h (220 mph) with engines
revving up to a formula imposed limit of 18,000 rpm. The cars are capable of
pulling in excess of 5 g on some corners. The performance of the cars is highly
dependent on electronics (although traction control and driving aids have been
banned since 2008), aerodynamics, suspension, and tires. The formula has seen
many evolutions and changes through the history of the sport. |
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