Comments on the Arrangements for Formula 1 in Austin
The Formula One arrangements in Austin have gone through a series of glitches! Initially the 2013 series were scheduled to be held in June 2012, as announced earlier by Formula One but due to delays in the construction of the destined site and circuit as part of the land lies in a flood plain, it was postponed till 2013. The world’s most expensive and best performing cars, which normally aren’t seen by many in real life, obviously require a lot of preparations.
The Master plan not just consists of the construction of The Circuit Of Americas, but a Speed City! Including the Banquet Halls; Commercial Kitchens; State-of-the-Art Conference Centre; fourteen two-story Executive Meeting Suites; Medical Trauma Centre; Law Enforcement Training Areas; Automotive Driving Academy for manufacturers to test, launch and educate consumers featuring classroom settings; Virtual Driver Training and On-Track Driving Experiences; along with outdoor entertainments and much more. More or less, a city within a city to cater all the Formula One fans and the sponsors and managerial staff. The grand prix track being built in Austin is poised to dominate media coverage even more than previously thought, following an announcement that COTA has entered into a booking agreement with live music promotions megalith live nation entertainment. The partnership means that Live Nation will be responsible for scheduling and producing musical spectacles at The Tower Amphitheater, an open-air arena at the base of the Circuit’s 251-foot observation tower. The space will be ready for performances in early 2013, giving the greater Austin area another mega-venue to compete with the Frank Erwin Center and the Cedar Park Center. However, approval of the festival is contingent on the city granting an exemption to their policy limiting events at the park to 25 days per year.
Soon after the announcement that Austin would be the host of the United States Grand Prix in 2012, Formula One fans wanted to know where will the track be? Who will design it? How much is the track going to cost and will the track be done in time to host a race in 2012? To minimize fans exhilaration to some extent, R. Suttle Jr., attorney for Full Throttle Productions of Austin, the group behind bringing the race here said that the land for the racetrack lies along the Texas 130 corridor and that they plan to build the track on about 900 acres in southeastern Travis County. The land is between Elroy Road and McAngus Road, east of Highway 130. The undeveloped land was previously planned for a residential subdivision called Wandering Creek. While the German engineering firm, which has previously been into designing Formula One circuits, Tilke GmbH will design the Austin course. As reported the money is raised from private companies investments which will cost around $250 million. While the San Antonio car dealer Red McCombs has signed on as an investor for the project.
Discussing the arrangements of this sensational event in Austin, a glowing quote from Mayor Lee Leffingwell can not be ignored, “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.” Mayor’s words are a clear indication of how geared up Austin is to host this vitalizing experience, and Speed City is frantically waiting for its new residencials.