Bernie Ecclestone has confirmed Formula 1 will return to the United States of America in 2012.
But, despite much speculation about a race being held in or near New York, the destination for F1′s next US Grand Prix is Austin in Texas.
According to Formula1.com a ten-year deal will see F1 race in Austin from 2012 to 2021.
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.
The race is being organised by Full Throttle Promotions. Managing partner Tavo Hellmund said:
We realise that over the last 30 years there have been one or two missing pieces from the previous editions of the Formula 1 United States Grand Prix.
We have a tremendous opportunity at hand to do it right – to feature Austin as the backdrop and produce the Formula 1 United States Grand Prix as one of the great sporting events in the world.
The promotion company say further details on the race will be announced shortly. At the moment there is no information on exactly where the track will be or who it will be designed by, though it would a surprise if anyone other than Hermann Tilke got the job.
F1 raced on a temporary street circuit in Dallas, Texas, in 1984, but never returned to the venue. The United States Grand Prix was last held at the Indianpolis road course from 2000 to 2007.