After several days of speculation, Formula One boss Bernie Ecclestone says Austin’s first F1 race will happen in November 2012 instead of June 2012. SpeedTV.com reports that the official justification is for fans and racers to avoid the blistering Texas summer.
[B]ut cynics have also suggested it will give race organizers more time to build the bespoke circuit in Austin.
But an unintended side-effect of the move is a clause in Texas legislation that means state funding for the event can only be released one year in advance of the event.
Mayor Leffingwell issued a statement this morning praising the date switch.
“I am pleased that Formula One and Circuit of the Americas are now looking at an event date in the Fall, outside our Ozone Action Season,” Leffingwell said. “I believe this date will prove a better experience for the visitors coming to Austin, and is an environmentally sensitive decision.”