The Circuit of the Americas says construction will resume at the track now its place on the 2012 F1 calendar has been assured.
Red McCombs, chairman of McCombs Enterprises and founding partner of Circuit of The Americas, said: “[Bernie] Ecclestone received his cheque today.
“We want to thank the fans supporting us, the local officials and businesses that have encouraged us, the State of Texas, Circuit of The Americas?óÔé¼Ôäó staff and Bernie himself.
“I want to thank and commend Bobby Epstein for getting us across the finish line. Bobby?óÔé¼Ôäós perseverance and leadership kept the project on track despite unfair and unfounded criticism.”
Engineering and construction teams working on the track will resume immediately, ensuring completion for the 2012 race date.
Steve Sexton, president of Circuit of The Americas, said: “We have a substantial number of fans who have expressed interest in buying tickets and hospitality, so today is a win for all of them as much as it is for Circuit of The Americas.
“We encourage everyone to visit our website and register for information. Registered fans will receive the first communication regarding ticket sales plans. In a matter of weeks we will have more exciting news as we unveil our full calendar of world class events.”
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