Austin Commercial Selected as General Contractor for Formula 1 United States™ Facility
Austin Commercial Joins Formula 1 United States™ Team to Work on World-Class Racetrack Venue
Formula 1 United States™ developers announced that Austin Commercial, a subsidiary of Austin Industries and one of the largest construction companies in Texas that specializes in civil, commercial and industrial construction, has been selected as the general contractor for the Austin racetrack venue. Austin Commercial joins the local and international team assembled for the construction of the world–class, multipurpose facility in Austin, TX, that will be home to the 2012 Formula 1 United States Grand Prix™.
Austin Commercial, one of the largest general contractors in Austin, has an established presence within the Austin community with offices in place for over 25 years. As the general contractor for this racetrack, Austin Commercial will be responsible for the day–to–day oversight of the construction site and management of vendors and subcontractors which will account for as much as 95% of the overall contract value. Austin Commercial is a 100% employee–owned construction management/general contracting company with project experience that includes corporate headquarters, sports venues – arenas, race tracks, ball parks and recreation centers – health care, aviation, schools and universities and advanced technology.
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