Austin’s Formula 1 Circuit of The Americas (COTA) get’s high marks by the F1 racing governing body. According to the FIA Race Director, Charlie Whiting, he is excited about the quality of and construction progress of the Circuit. With his blessing the Austin Formula 1 track gets approved for the Grade 1 FIA status needed to conduct Formula One racing in Austin, Texas.
The track was also recently christened by former Formula 1 world champion, Mario Andretti, who was chosen to take the first full lap. This will be the first Grand Prix in the U.S. since 2007. The race is scheduled for November 18th, 2012.
The Circuit of The Americas Track is 3.427 miles long and the actual races consists of 56 laps or 192 miles total. Drivers typically races at speeds up to 220 mph. Details on the history and rules of Formua 1 racing can be found here