Thursday, November 17, 2011

Official: Construction on Austin's Circuit of the Americas has stopped

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If you were among those who thought that Formula One and Texas would go together like pickles and ice cream, well, you may be right. And you may not be terribly disappointed, either, by the latest news surrounding the United States Grand Prix.

The first F1 race to come to the United States in half a decade was scheduled to take place next year in Austin, Texas. However, following doubts expressed by F1 chief Bernie Ecclestone on the project's progress, the latest development has construction on the Circuit of the Americas - the new motorsport complex being built to host the event - grinding to a halt.

A statement released by the track's administration confirms that the construction project has been put on hold indefinitely over a dispute with the company responsible for promoting the race. Apparently, Full Throttle Productions has yet to produce an actual contract with Formula One Management, or with organizers of the MotoGP series, prompting those behind the Circuit of the Americas to send home the 300 workers building it until Full Throttle can demonstrate that it will be used.

Here's hoping the parties can resolve their dispute and get back to business. Otherwise we'll have to wait another year for the Grand Prix of America to arrive in New Jersey. Follow the jump for the official announcement.

Continue reading Construction on Austin's Circuit of the Americas has stopped

Construction on Austin's Circuit of the Americas has stopped originally appeared on Autoblog on Wed, 16 Nov 2011 16:51:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2011/11/16/construction-on-austins-circuit-of-the-americas-has-stopped/

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