USGP 2015 is more like it

No site
No track design
No indication of funding for the $500MM facility (Texas Speedway cost $250MM in 1996!!)
24 months til raceday
City of Austin and Chamber of Commerce have no idea an F1 race is coming

These are the facts and why I am one of the many skeptics that Austin will host the USGP in 2012. I'm not alone either...

http://formula-one.speedtv.com/article/f1-austin-promoter-still-looking-for-site/
http://formula-one.speedtv.com/article/f1-us-gp-news-draws-mixed-reaction/

If you want to see an F1 race in North America in 2012, I would recommend you consider booking for Montreal. Although they might not have a race either - like last year. Too bad as Austin sounds like a helluva good time and the pic above makes it look nice too.