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United States GP wins Sports Event of the Year award

May 23, 2013, 6:00 PM EDT

F1 Grand Prix of USA Getty Images

The 2012 United States Grand Prix has been awarded the prestigious Sports Event of the Year award at the SportsBusiness Journal/Daily Business Awards, which was held in New York last night.

The race was attended by over 265,000 fans, and the atmosphere was complimented by all of the drivers and teams in Austin. The track has quickly become a firm favorite among the fans and the F1 establishment thanks to its unique layout and undulations, and this award only furthers the credentials that the race can now boast.

Steve Sexton, president of the Circuit of the Americas, accepted the award at the ceremony last night.

“From the very beginning, there was some doubt whether our project would happen, but we hustled and we had a great team and a great group of owners behind us the whole way,” Sexton said. “We embarked on a nine-month journey, pulled the construction together, pulled the race off amidst a lot of complicated logistics, and had a great group of fans. I’m really proud of the team that pulled this off.”

The race marked Formula One’s return to the United States after a five year absence, and the success of the event has led to the approval of a second race in New Jersey for 2014, and rumors suggest that the sport could even return to Long Beach in the near future.

COTA will host its second United States Grand Prix on November 17 this year, and the track has also hosted V8 Supercars and Moto GP in recent weeks, both of which have gone down as huge successes.

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