COTA founder expects $1B+ in economic impact from F1 Grand Prix

AUSTIN, Texas — The Formula 1 United States Grand Prix returns to Circuit of the Americas (COTA) Thursday for a four-day event.

“If we look at the total impact of tourism on Austin over the course of the year, more than 10 percent of it happens just this weekend alone. That’s how big this is,” said Bobby Epstein, founder and chairman at COTA.

Epstein projects this weekend’s festivities will bring in more than one billion dollars for the region from out-of-state visitors alone…

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