## Circuit of The Americas: A Hub for Motorsports and Entertainment Circuit of The Americas (COTA) is a premier destination for world-class motorsports and entertainment in the United States. Located in Austin, Texas, it was founded in 2012 and has since become a leading event center and attraction site. COTA is distinguished as the first purpose-built facility in the U.S. designed specifically for Formula One racing, meeting Grade 1 FIA specifications with a 3.426-mile track[1][2]. ### History and Development The concept for COTA was first proposed in 2010 by promoter Tavo Hellmund and 1993 Motorcycle World Champion Kevin Schwantz, with design assistance from renowned architect Hermann Tilke. The circuit opened in 2012 and has hosted numerous high-profile events, including the Formula One United States Grand Prix, NASCAR EchoPark Automotive Grand Prix, and the Motorcycle Grand Prix of the Americas[1]. ### Key Achievements and Current Status COTA has achieved significant revenue growth since its inception, with a reported 115% increase in revenue since 2019 and a projected $93 million in revenue for 2024[3]. The facility hosts a variety of events beyond racing, such as concerts and holiday attractions, making it a versatile entertainment venue[2]. Notably, COTA has been recognized for its ability to host large-scale events while maintaining a strong focus on fan experience and community engagement. ### Notable Aspects - **Racing Events**: COTA is renowned for hosting top-tier racing events like Formula 1, MotoGP, and NASCAR, attracting global audiences and providing a unique spectator experience[1][3]. - **Entertainment and Community**: Beyond racing, COTA offers a range of entertainment options, including music concerts and holiday events, making it a vibrant cultural hub in Austin[2][6]. - **Economic Impact**: With substantial revenue growth and a strong economic presence in the region, C