July 27, 2010
Site of future USGP track in Texas, revealed...
I'm serious, somewhere past that plastic lawn chair...
Austin's The Statesman reports:
Organizers of the proposed Austin Formula One auto race plan to build the track on about 900 acres near Elroy in southeastern Travis County, according to one of the major land owners involved....
...The location of the track has been a topic of intense speculation since May, when Formula One Group CEO Bernie Ecclestone announced plans for a race in Austin.
Wandering Creek has about 650 acres, and organizers have recently secured adjacent acreage, including land with more frontage on FM 812 and small parcels with additional access to Elroy Road, according to a source close to the event who could not be identified because he was not authorized to speak ahead of today's press conference.
Organizers kept the site secret, even from local officials, until the land was secured and private investors were lined up.
Cathy Olive, president of the Elroy Preservation Association, a neighborhood group, said she and other board members were scheduled to meet Monday night with a representative of the race organizers, presumably to provide a heads-up before this morning's conference.
She and some other local resident s opposed the original Wandering Creek plans, which called for 1,800 homes on small lots. She said she and "every single solitary person I have talked to" don't want the track in their area, but all feel it would be preferable to dense residential development.
"We all feel like it would be the lesser of two evils," Olive said. "Are we excited about it? No. But it's better than 2,000 teeny-tiny tract houses."...
...Hellmund faces a tight schedule to get the track built. Wandering Creek's owners already have submitted applications to extend water and wastewater treatment services to the land.
Austin and Travis County have set up a joint task force to handle permit requests, once the site is disclosed.
Promoters hope to have permits in place from the city and county to start grading work on the site in December and remain confident they can have a track open in time....
Read the Full article here
Additionally on of the major financial backers of the projects was named, it's Billy Joe "Red" McCombs (what a perfect name for a Texan promoter) of car dealership and Clear- Channel Entertainment wealth and a frustrated passion for grand entertainment venues.
Best of luck to all involved!
Track web site Formula1unitedstaes.com
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