Posted by ARTSTRADA MAGAZINE August 26, 2010

Austin's proposed Formula 1 track would be a giant

Austin's proposed Formula 1 track would be a giant

Austin's proposed Formula 1 track would be a giant

Facility could hold 140,000, race promoter says.

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Updated: 12:59 p.m. Wednesday, Aug. 25, 2010

Published: 11:38 p.m. Tuesday, Aug. 24, 2010

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The proposed Formula One track that will be the site of the U.S. Grand Prix in Austin could hold 130,000 to 140,000 fans, race promoter Tavo Hellmund said Tuesday.

"It will be the biggest thing Austin has ever had," Hellmund said, adding that 50,000 of those fans could be seated in grandstands while the rest could sit on the grounds, stand or stroll around the track .

Hellmund revealed those details while speaking to an overflow crowd of more than 400 people at the Headliners Club in downtown Austin. He spoke at an event staged by the Urban Land Institute that sparked " an overwhelming response to tell you the truth," said David Knoll, director of the institute's Austin district council.

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