Housing
With Austin as Host, Will Formula 1 Finally Win the United States?
While F1 wants to woo the U.S, Austin wants to win the rest of the world with this weekend’s Grand Prix.
Formula 1 racing has finally found another U.S. home and it should not come as a surprise that its host is the city of perpetual development Austin, Texas, where new skyscrapers are sprouting like weeds, housing prices are soaring, and global high-tech businesses are beating a relocation path to the city's door. On Friday, international racing fans will descend on the city for the 18 leg of the Formula 1 2018 World Championship.
F1 racing certainly seems a perfect fit for a town that has become a major draw: Austin’s job growth has been assessed as the fastest in the nation for the last decade and the city adds about 150 new residents each day, making it the number one city for population growth in the U.S. between 2010 and 2018.