Bernie Ecclestone announced on Tuesday that Austin will host the United States Grand Prix in a new deal which is due to commence in 2012.

Formula One's commercial rights controller said the Texas state capital would stage the race for 10 years until 2021 on a purpose-built track.
""For the first time in the history of Formula One in the United States, a world-class facility will be purpose-built to host the event,"" Ecclestone told the official formula1.com website.
""This...will be the first time a facility is constructed from the ground up specifically for Formula One in the US,"" he added.
F1 has not visited the United States since 2007, when McLaren's Lewis Hamilton won the final grand prix to be staged at the Indianapolis Motor Speedway.
(Source: Skysports)