Safe to say the whole of the F1 world was surprised by the announcement of Austin, Texas as the site of US GP. Most surprised seemed to be people in Austin, including the Mayor and the Chamber of Commerce, characters you would imagine would be at least bit players in an enterprise of this magnitude.
A quick survey of opinion on online forums and assorted gathering places shows US fans are delighted F1 will be back but take a very guarded wait and see attitude with regards to this project in Texas. Indianapolis and USF1 are still sore spots and many are realistic about the daunting challenges ahead for the project. Some brought up the British GP at Donnington fiasco.
The organizers admitted they have yet to purchase land for the facility, I imagine price on 500 acre plus parcels of land has increased significantly this week.
Then there is construction, from scratch, of a world class modern Formula 1 venue in under 24 months.
There is cost, is half a billion dollars unrealistic? Might even be low. State and local government are said to be behind the project but likely just in the form of credits rather than upfront funds. Many have doubts Texans will want to give tax money for a bunch of European millionaires racing cars they don't especially care about.
On the other hand Texas has a huge base of extremely wealthy motorsport enthusiasts. Private money, big corporate money, not a problem there. Motoring fans are just hoping there is cattle to go along this this project's big hat.