Formula One to make US return

Formula One will return to the United States in 2012, after a five-year absence, at a new track in Texas.



Formula One chief Bernie Ecclestone has agreed a deal with race promoters Full Throttle Productions for the Texas state capital of Austin to host the race until 2021.



The last US Grand Prix took place at the famous Indianapolis Motor Speedway in Indiana in 2007, a race won by McLaren\'s Lewis Hamilton.



Its eight-year run was ended after Ecclestone failed to come to an agreement with the circuit\'s chiefs over new terms.



The BBC reported that Ecclestone began talks in 2009 with representatives of Monticello Motor Club in New York about bringing the sport back to the States.



However, Monticello Motor Club admitted that terms had not been finalised and Austin-based race promoters Full Throttle Productions have now emerged victorious in the battle to host the race at a purpose-built track.