Matt Layman
Archive for June 10th, 2010
Formula 1 coming to Austin, TX
Formula1 racing is coming to Austin, TX!!!
I can hardly believe it! But it’s true … http://www.formula1.com/news/headlines/2010/5/10824.html
Austin, TX will serve as the the host city of the Formula 1 United States Grand Prix from 2012 through 2021.
What are your thoughts on the Formula 1 Grand Prix coming to Austin,TX? Good or Bad?
Personally I am in favor of the Formula 1 Grand Prix event coming to our beloved city. I believe this will have a huge positive impact on the local economy, jobs, growth, construction, real estate values, travel, etc.
I do know a local developer who showed the East Austin land back in 2008 for a mega complex said Austin race mastermind Tavo Hellmund planned for a mixed-use development that would most likely incorporate clean tech and high-performance research and development hubs. Along with office and hospitality development. I do know the long term goal for F1 racing is electric power ….. it’s the wave of the future! Hellemund had a vision to build the track along with a development center that would hold high-performance battery and fuel cell researchers. If that is the case I’m all for it 110%!!! Austin is leading the green building movement we might as well lead the formula1 race car industry as well.
Now is a great time to invest in Austin, TX real estate!!! With low interest rates … now is the time to be buying. This city has every ingredient to double in size over the next ten to fifteen years …

If you are thinking about relocating to Austin, TX and interested in learning more about the Austin, TX Real Estate market feel free to give me a call at 512.771.0754 or email: mlatxrealestate@gmail.com anytime. I will be glad to assist you with any of your real estate needs. To stay up on the Latest Rockin’ News & Real Estate News in Austin subscribe to my blog and you will be emailed every time I make a new post: http://austinsrockinrealestateblog.com/
from the article:
Mr. Hellmund added: “This is a case of the right timing in the right place. As many Americans know, Austin has earned a reputation as one of the ‘it’ cities in the United States. Austin features that rare combination of ideal geographic location and beauty. Its fine dining, world-renowned hospitality and excellent transportation infrastructure make Austin ideally suited to host and manage an event of this magnitude. Few cities if any in America could rival the connectivity of all the key elements needed for hosting a Formula 1 event as well as Austin. Now, many people around the world will have the opportunity to experience a world-class event, facility and city.”
“We are pleased Texas has the opportunity to be involved with Formula 1 and that an event of this magnitude is coming to Austin,” said Susan Combs, Texas Comptroller of Public Accounts. “It has been a pleasure working with Full Throttle Productions, LP and Mr. Hellmund on this project. Their tradition of producing successful major events coupled with a thirty year relationship with Mr. Ecclestone has us looking forward to this worldwide event and the benefits it will bring, including local job creation, increased tourism and a significant economic impact added to our state economy. The visibility and prestige of this event will spotlight our state on an international stage.”
Texas Governor Rick Perry conveyed his enthusiasm for the project, explaining “Texas’ relatively strong economy continues to draw both national and international attention and I commend Comptroller Combs for her work in bringing this exciting event to the Lone Star State.”
City of Austin Mayor Lee Leffingwell continued the positive sentiments, adding “The City of Austin will be proud to host this magnificent event and I look forward to welcoming the participants and fans of Formula One to our City.”
Full Throttle Productions, LP acknowledges with great appreciation the efforts of all parties involved including Bernie Ecclestone, President and CEO of the Formula One Group, and the local and state officials of Texas.
“It has been a shared vision and monumental task to reach this agreement. We realize that over the last 30 years there have been one or two missing pieces from the previous editions of the Formula 1 United States Grand Prix™. We have a tremendous opportunity at hand to do it right – to feature Austin as the backdrop and produce the Formula 1 United States Grand Prix™ as one of the great sporting events in the world,” stated Hellmund.
In addition to the State of Texas being the 11th strongest economy in the world, it has more Fortune 500 company headquarters than any other state. Key features of Austin include:
- State capital nicknamed ‘Silicon Hills’ for being one of the most important regions in the US for the Technology Industry;
- USA’s 15th largest city and is located 145 miles from Houston (4th largest US city), 70 miles from San Antonio (7th largest US city), and 180 miles from Dallas (8th largest US city), population in this triangle is over 22 million;
- perfectly located geographically for North, South and Central American visitors;
- over 130 daily departing international flights within 180 miles;
- over 250,000 hotel rooms within 180 miles;
- desirable year-round climate, with an average annual temperature of 68 degrees Fahrenheit (20 Celsius);
- geographically located in the Texas Hill Country, easily the most beautiful city in the State, and considered one of the most in the US;
- hotels/downtown/Formula 1 circuit/airport located within close proximity of each other, which is nearly impossible for any other large city in the US;
- world class night life entertainment along renowned ‘Sixth Street’; and
- large film industry presence – many movies filmed in the area.
Austin’s National Recognition
- Known as “The Live Music Capital of the World”
- Voted “Greenest City in America” (MSN)
- Voted “Least Stressful Large Metro” in the United States (Forbes)
- Voted Top Two “Best Cities” in the United States (Money Magazine)
- Voted Top Three “Hippest Cities” in the United States (Forbes)
- Voted Top Five “Safest Cities” in the United States (Forbes)
- Voted Top Ten “Sports & Fitness Cities” in the USA (Sports Business Journal)
Full Throttle Productions, LP is an Austin, Texas, special event and sports production company that provides event conception, event project management, day of event oversight, staffing and volunteer services, venue planning and logistics support.
More information on the Formula 1 United States Grand Prix™ will be forthcoming shortly. In the meantime, all queries should be directed to info@fullthrottleproductionslp.com.
Austin, TX in the News Again! Austin ranks high on ‘Quality of Life’ …
Austin is in the news again! Austin ranks high on ‘Quality of Life’
http://austin.bizjournals.com/austin/stories/2010/05/24/daily8.html
When you click on the article you will be able to click on a really cool interactive chart.
Austin has had strong population growth, 32 percent since 2000, also helped in overall ranking, as well as a comparatively high percent walking to work , 7.1 percent.
When YOU think of ‘Quality of Life’ … what characteristics come to mind? If you had to name out or list ten things that really stand out to you … that would give you that quality of life that we all seek and desire what would those be?
I want to hear from you.
It feels good to call Austin home. I’m proud to be a resident of Austin, TX for over ten years now and going on eleven. Wow does time fly when you are having fun!

If you are thinking about relocating to Austin, TX and interested in learning more about the Austin, TX Real Estate market feel free to give me a call at 512.771.0754 or email: mlatxrealestate@gmail.com anytime. I will be glad to assist you with any of your real estate needs. If you have questions or just wanting to get some feedback I will be glad to help anyway I can. To stay up on the Latest Rockin’ News & Real Estate News in Austin subscribe to my blog and you will be emailed every time I make a new post: http://austinsrockinrealestateblog.com/
Dog LoVinG City! “Ruff-Ruff” Austin was just named the 3rd most Dog-Friendly City
Austin was just named the 3rd most dog-friendly city in America according to a DogFriendly.com listing of cities with pet-accommodating transportation, parks, attractions, stores and dining. Don’t take my word for it go here http://austin.bizjournals.com/austin/stories/2010/05/17/daily7.html?surround=lfn
Austinites – What is your favorite Dog friendly spot to take your pup? My top 3 are: Town Lake, Barton Springs the free side that’s dog friendly, and of course Freddie’s Place!!! I have many more …but didn’t want to take up half the page! haha …
If you have a free day or afternoon … where are some of the cool spots that you take your pup to play? Or your favorite hiking trails?
If you are thinking about relocating to Austin, TX and interested in learning more about the Austin, TX Real Estate market feel free to give me a call at 512.771.0754 or email: mlatxrealestate@gmail.com anytime. I will be glad to assist you with any of your real estate needs. If you have questions or just wanting to get some feedback I will be glad to help anyway I can. If you have questions regarding your dog or pup … and what Austin could bring for them I would be glad to share my experience so that It may help you in your new transition. Remember Austin Loves Dogs! To stay up on the Latest Rockin’ New & Real Estate News in Austin subscribe to my blog and you will be emailed every time I make a new post: http://austinsrockinrealestateblog.com/
I will leave with a picture of my Dog Maximus when he was a puppy … we were catching some sun down at Town Lake (Lake Austin) enjoying a relaxing spring afternoon!

Maximus catching some Sun @ Town Lake
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