The new American grand prix in Austin, Texas, is expected to cost just $180 million (£114m) to build according to confidential papers which were released to the American-Statesman newspaper.
The papers were handed to the Austin paper after a request to open the records was given the green-light.
The papers state that 1,500 construction workers will be needed to build the track, whilst 1,200 temporary workers would be hired during the race weekend and 40 would work full-time to maintain the track during the off-season.
It was also revealed that the new circuit, to be built on an area in the south-east of the city called ‘Wandering Creek’, would be able to accommodate over 100,000 fans with the hope that 400,000+ would visit the circuit annually.
The race, organised by Full Throttle Productions, is also expected to bring over $300 million (£190m) into the local economy annually.
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