US F1 circuit 'on time'posted in F119 | 01 | 2012

WORK AT THE new Formula One track at Austin, Texas, is expected to be finished in August. The news follows fears at the end of last year that the circuit would not be finished in time to host its inaugural F1 grand prix in November.

The total cost for the Circuit of the Americas is estimated at $350 million, with track chiefs hoping to attract 120,000 spectators for the inaugural event.

Watch F1 ace David Coulthard drive the Austin circuit

Senior representatives from the Circuit of the Americas, including president Steve Sexton, executive vice president Bruce Knox and chief marketing and sales officer Geoff Moore are in London this week for meetings with Bernie Ecclestone to update him on progress.

The November 18 date for this year's race sees in go back-to-back with Brazil, which again hosts the season's finale.

Scots F1 ace Paul di Resta: Exciting times

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Jim McGill