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Promoter reveals designer, few details

Updated: May 26, 2010, 9:51 PM ET
Associated Press

AUSTIN, Texas -- Race promoters say they have secured a site and designer to build a track for the new Formula One United States Grand Prix to be run in Austin beginning in 2012.

Tavo Hellmund, managing partner of Full Throttle Productions, wouldn't disclose Wednesday the location of the Austin-area site nor its price but said it's "more than 700 acres."

Hellmund also said the German firm Tilke GmbH had been hired to design the venue. Tilke has built racetracks in Abu Dhabi, Bahrain, ...

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