Tagged : Formula 1

Found 4 blog entries tagged as "Formula 1".

While the U.S. Grand Prix was originally set to take place in Austin, Texas in June of next year, Formula One boss Bernie Ecclestone has made the decision to move the event to November 18, 2012. While the decision has faced some criticism, organizers of the event have reportedly responded positively to the change. In fact, Tavo Hellmund, who is the chairman of the U.S. Grand Prix, the decision to push back the date is a “positive sign” that Formula One officials want the event to be an “over-the-top success.”

As Hellmund points out, Ecclestone must consider a number of different factors when setting up the calendar, including the interests of the teams and their promoters. By putting the race near the end of the schedule, Hellmund believes his track will

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After years of hard work to bring Formula One to Austin and months spent developing the plan for the track and its facilities, the project received final approval in January. As expected, the final plan will involve far more than just a 3.4 mile track. In addition to the numerous attractions that will be included within the $250 million facility, project developers will also be building a private substation for Austin Energy as part of the plan.

With all of the county and city permits properly in place, construction can no w begin on the project. Already, soil testing has reportedly been started and the equipment is in place to get the project started. With a required completion date of mid-2012, there is no time to spare in getting the projected

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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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Formula 1 has announced today that Austin, Texas will host a Formula 1 Grand Prix race starting in 2012. A new racetrack will be constructed in Austin, and this new facility will be one of the best in the world. This is a tremendous opportunity for the city, and a dream come true for racing fans. We can hardly wait!!!

austin-formula-1_533   Formula One Officials Select Austin to as New Home of Formula One
Formula One World Championship Limited, Formula One Administration Limited and Full Throughout Productions, LP have recently announced that Austin will serve as the host city to the Formula 1 United States Grand Prix from 2012 through 2021.
“We are extremely honored and proud to reach an agreement with the FI Commercial Rights Holder,” said Tavo Hellmund, who is the…
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