End of legal action ’bodes well’ for US GP

The US grand prix could get back on the right track now that a spate of legal action has ended.

The local Austin American Statesman newspaper reports that race founder Tavo Hellmund and the Circuit of the Americas’ new project leaders have settled a lawsuit.

No further details were forthcoming, but the newspaper said the settlement "could lift a cloud that has been hanging over Austin’s first F1 race".

"I hope this puts the matter behind us all," Hellmund commented.

His lawyer agreed that the confidential settlement "bodes well for Austin’s F1 project, and we look forward to seeing Tavo’s dream of a fantastic race happen in November".

The good news is timely for the $300 million project, with FIA officials set to inspect the site on Monday ahead of the scheduled mid November race debut.

Tickets are now going on sale.