Steve Sexton has been named as the president of the United States Grand Prix which is set to take place in 2012 at a new circuit in Austin, Texas.
Sexton was previously the president and CEO of Churchill Downs Entertainment, meaning he brings with him 25 years of major sports and entertainment experience.
“He [Steve] understands our aspirations as an owners group and we have every confidence he will be a tremendous asset to our operation going forward,” said the chairman of the race, Tavo Hellmund.
Sexton added that he is looking forward to working with the organisers as well as a managing a major event which attracts such large global audiences.
“This project represents a unique opportunity for the City of Austin and the State of Texas to be the focal point for a world-wide audience.
“I am very pleased to join the talented team the owners have assembled and am excited to be a part of building a showcase that attracts diverse visitors from around the world and opens new education, innovation and research opportunities to benefit the global community.”