Formula One (F1): Starts Construction (Austin, Angus: 2013, buying, suites)

[ScoPro]

Originally Posted by RevMen

It looks like the City is allowing this project to rush through or skip over the preliminary analyses of environmental concerns like traffic, pollution, noise, wildlife, etc. I wonder if this will result in an uproar similar to WTP 4.

Fast Track = Palms have already been generously greased.

That's how it works everywhere, including Austin.

"Environmental concerns" for that area? Maybe the fire ants are going to suffer.

Runoff drainage to the Colorado? We can worry about that when the millions of bats stop pooping in Ladybird Lake and Austin stops draining it's treated sewage into the river.

[ScoPro]

Originally Posted by jobert

I am so jealous. My wife and I talked about getting 10-25 acres in SE Travis county when we first moved here in 2008, and then this happens. Oh well. Maybe next time.

Try the Lockhart area.

[jobert]

Originally Posted by ScoPro

Try the Lockhart area.

Yeah, but the point was to get acreage within 15-20 minutes of downtown Austin. Land is still available out there near Mustang Ridge, Creedmoor, etc, but it has become more expensive over the last year.

[Austin97]

Originally Posted by jobert

Yeah, but the point was to get acreage within 15-20 minutes of downtown Austin. Land is still available out there near Mustang Ridge, Creedmoor, etc, but it has become more expensive over the last year.

how much did you want to pay per acre? There is one property forsale (13 acres) for about 20K/acre which isnt bad.

[S6Sputnik]

I cannot wait to take my car out there

[AmberAzeneth]

I can't wait to attend a Formula 1 race near Austin. It would be our first time seeing it in person. Was the Texaco Grand Prix of Houston about 10 years ago Formula 1? I can't remember. I think it was though.

[verybadgnome]

Originally Posted by AmberAzeneth

I can't wait to attend a Formula 1 race near Austin. It would be our first time seeing it in person. Was the Texaco Grand Prix of Houston about 10 years ago Formula 1? I can't remember. I think it was though.

I think the only Formula One event ever held in Texas was in Dallas in '84. I think the race in Houston was a Champ Car event.

1984 Dallas Grand Prix - Wikipedia, the free encyclopedia

[AmberAzeneth]

Originally Posted by verybadgnome

I think the only Formula One event ever held in Texas was in Dallas in '84. I think the race in Houston was a Champ Car event.

1984 Dallas Grand Prix - Wikipedia, the free encyclopedia

Thanks Verygoodgnome. I was not sure. The Texaco Grand Prix of Houston was only around like 5 or 6 years. Sorry I could not remember.

[DANNYY]

Excerpt:

A report detailing construction spending for the proposed Formula One racetrack presents exciting data about hundreds of new jobs and about $400 million in economic impact, and further demonstrates just how tight and ambitious the construction timeline is. According to the report commissioned by local F1 officials, the construction project— costing between $215 million and $242 million — will:
- Create as many as 2,000 direct jobs between 2011 and 2012.
- Generate $850,000 in Austin sales and hotel taxes.
- Pay out as much as $176.2 million in wages.
- Create $398 million in regional economic activity overall.


Read more: Report: Formula One Austin construction a boon for many | Austin Business Journal

[atxcio]

So the Speed Network has said there is some big announcement taking place in Austin about the F1 track tomorrow (4/12). Anyone know what it might be?

Speculation seems to be it could be -

* Official name of the track
* Date of the 2012 US Grand Prix (first race on the Austin track)
* Announcement that MotoGP series will also be racing there