The venue for next year’s inaugural US grand prix in Texas has been officially named ‘Circuit of the Americas’.

The news was announced at the same time as a MotoGP event for 2013 was added to the new Austin track’s calendar. MotoGP will also use the track from 2013 onwards it was announced.

Tavo Hellmund, promoter of the race, added that the track could see two additional championships use the circuit alongside F1 and MotoGP, but he stopped short of announcing which two.

“Right now we’ve got to be ready to go,” said race promoter Tavo Hellmund. “That’s really a Bernie (Ecclestone, F1 chief executive) and FIA question, but we’re going to try to be ready when he wants us to.”

“We are building a destination for entertainment and business, not simply a race track, and this brand reflects that entire idea,” said promoter Tavo Hellmund in a press conference.

The $250 million facility is currently under construction and scheduled for completion in mid-2012.

Following the press conference, officials hosted media members for a tour of the track, which is under construction near the village of Elroy, just southeast of Austin. A startling amount of work has been done to the 900-acre site since builders began moving dirt at the end of December, seven months after the project was announced, at which time the 900-acre site was almost covered completely with scrub brush and small mesquite trees.

The track will be located 20 miles southeast of downtown in Travis County. Its signature element will be a 3.4-mile, 20-turn road circuit with capacity for 120,000 fans. The track will feature elevation changes of up to 133 feet.


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