Whether or not the Formula One Grand Prix will be a good thing for the city of Austin is a subject that is still a matter of much debate. One area of discussion is whether or not the presence of the F1 track and event will be helpful to local businesses.
The bottom line is that the F1 event will be bringing some of the most powerful business people in the world into Austin and there is no doubt that it will have a significant impact on the local technology scene. Two major Austin businesses, Advanced Micro Devices Inc. and Freescale Semiconductor Inc. both have deep ties to the event, as does IBM Inc., which also has significant operations within Austin. With the connections that these businesses already have to F1, it is almost guaranteed that bringing
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