Marking the country’s first Grand Prix since the 2007 race at Indianapolis, this news comes as a surprise amidst recent speculation as to the likely venues for a return to the United States, with Las Vegas, New Jersey and upstate New York all in the frame.
Texas has previously hosted a round of the Formula 1 world championship, at Dallas in 1984 (right), where the event was a farce as the track crumbled in the searing heat.
"We are extremely honoured and proud to reach an agreement with the F1 commercial rights holder," said a thrilled Tavo Hellmund, who is the Managing Partner of race promoter Full Throttle Productions, the group that secured the deal with F1 supremo Bernie Ecclestone.
"We have been diligently working together for several years to bring this great event to Austin, the State of Texas and back to the United States. All parties involved have a great amount of trust and confidence in each other and are committed to establishing the United States Grand Prix in Austin, Texas as a prestigious global event."
"For the first time in the history of Formula 1 in the United States, a world-class facility will be
Hermann Tilke designed purpose-built to host the event," Ecclestone added. "It was thirty years ago that the United States Grand Prix was last held on a purpose-built permanent road course circuit at Watkins Glen, which enjoyed great success."
Do I hear Hermann Tilke’s phone ringing (above)?