Circuit of the Americas Construction Suspended

11/16/2011 @ 9:46 am, by Jensen Beeler10 COMMENTS

Circuit of the Americas Construction Suspended circuit of the americas 635x357

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

Comment:

  1. Best wishes for an on-time opening of what appears to be an incredible facility.

    The track map key chain (or ornament) is available now at my website

    Jensen – I’ve submitted an online request for advertising information for A&R, but I haven’t heard from anyone. Can you send me rate info.?

    thanks!

  2. Westward says:

    I guess they never heard the phrase, “If you built it, they will come.”

    If construction becomes the issue as to why its not ready once a deal is struck, well, then I guess the genius that halted it is the one to blame…

    If a contract fails to materialise, then what? Failure to complete construction prevents that total unique fan experience for future venues (Formula One is not the world), and if there is one thing some of us hate, is half assed workmanship. ..

  3. 76 says:

    With issues like this, they can be so stupid simple or a complex chain of political wishes, wants and lies. Ether way it hurts the public perception as well as risks quite alot for both fans and riders alike.

    Whatever is going on behind the scenes I hope it is resolved and has little impact on the original direction of the facility as its magnificent and a important step to getting world class racing on Americans dinner plates.

  4. Exodus says:

    Love the website, I try to read it every day.

    I live not too far from the track (in Elgin) and I’m keeping an eye on this. I’m apprehensive that this is going to be a legendary screw up of truly historic proportions. That’s quite an emotional let down from being elated that I was getting a world class track built practically in my back yard.

    Here’s more on the story from a local source… http://austin.ynn.com/content/top_stories/281492/developers-freeze-f1-construction-indefinitely

  5. MikeD says:

    Another case of ” TOO GOOD TO BE TRUE ?!”…i hope not.
    If the end product is anything like the CGI pic then it looks like one bad ass track and compound.

  6. zipidachimp says:

    hellmund has defaulted to bernie and is gone. now the track owners just have to give bernie what bernie wants before dec 7, and the race will be on. simple ! it’s all about the money, as if we didn’t know!

  7. AK says:

    Its all about Money :)

  8. ZachB says:

    I live here in Austin and this is a HUGE disappointment. I was expecting to see F1 & MotoGP in my city. And have a chance to ride a world class track!

    “Announced on Tuesday that she would not advance the $25 million to the organizers, which–had all gone well–could have been paid as early as Saturday. The debut F1 race was scheduled for Nov. 18, 2012, and the guidelines, particular to this one race event, said the money could be advanced as early as 364 days before the event takes place.”

    Read more: http://www.autoweek.com/article/20111116/FREE/111119900?utm_source=DailyDriv

  9. Westward says:

    @ Exodus

    thanks for the link, it was informative.

    It kind of reminds me of going to a buffet, my eyes are bigger than my stomach. Looks like that for Austin…

  10. Rick Deez says:

    Would the contract for an inner-city Formula 1 in New Jersey have anything to do with it?