“We are extremely honoured and proud to reach an agreement with the F1 Commercial Rights Holder. 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. All parties involved have a great amount of trust and confidence in each other and are committed to establishing the Formula 1 United States Grand Prix™ in Austin, Texas as a prestigious global event,”stated Tavo Hellmund, Managing Partner of Full Throttle Productions, LP.
For the first time in the history of Formula One in the United States, a world-class facility will be purpose-built to host the event.
Bernie Ecclestone.
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