The ambitious CoTA project was revealed in July of 2010 when Tavo Hellmund announced plans to build the track on about 900 acres (3.7 km2) of undeveloped land near Austin, TX. With backing from billionaire Red McCombs, plans quickly proceeded. The circuit's design was submitted to the FIA for approval in December of 2010 with construction beginning later that month. The FIA issued its final approval of the circuit in September of 2012 some sixty days before the inaugural Formula One race.
- Source: iRacing.com