Autosport.com reports that 2012 will see the return of the United States Grand Prix to the Formula 1 calendar. The race will be held at a yet-to-be-constructed road course in Austin, Texas.
The event marks the return of F1 to the United States after a rocky eight-year relationship with the Indianapolis Motor Speedway, marred in one year by a disastrous Michelin tire compound that rendered the majority of the cars in the field unsafe to drive.
This will be the first time since 1980, the last year of competition at Watkins Glen, that a Formula 1 race will be held on a purpose-built road course. Since then, the majority of American F1 events have been street races; Indianapolis' event took place on a road course built inside the famed oval. However, this will be the first time that a track has been built specifically for F1 competition.
The Austin race deal is a ten-year contract that ends after the 2021 event.