American businessman Tavo Hellmund has revealed he is working on a new F1 project in North America.

Hellmund was instrumental in ensuring the current United States Grand Prix returned to the calendar at the Circuit of the Americas in Austin, while he also worked on the Mexican Grand Prix project which came to fruition with this weekend's race in Mexico City.

With Bernie Ecclestone keen to have more races in America, Hellmund told NBC over the Mexican Grand Prix weekend he is working on a potential new race in the US.

“We’re looking at a project that’s probably two weeks away from being able to talk about it, then looking also maybe making an investment with a team," Hellmund said. “It would be North America.”

Ecclestone is known to be targeting another round in America, with California emerging as his preferred location while he also did not rule out potentially revisiting the Grand Prix of America plan which would have seen a race taking place around the streets of New Jersey.

Mexican Grand Prix - Driver ratings

Click here for the F1 drivers' girlfriends gallery

Keep up to date with all the F1 news via Facebook and Twitter

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

Steiner triggers intrigue with Russell-to-Audi prediction

The Formula 1 driver market is enjoying its summer lull, but Guenther Steiner has just…

1 hour ago

Mercedes: ‘The hard part’ now begins, but team vows to remain 'calm'

As Formula 1 slips into its summer break, Mercedes find themselves in the position every…

3 hours ago

F1 insider explains why Aston Martin is Verstappen’s dream move

Speculation over Max Verstappen’s future in Formula 1 continues to simmer, but as paddock whispers…

4 hours ago

Russell’s tough admission: ‘I definitely feel like I need’ an F1 break

George Russell has admitted that Formula 1’s summer shutdown could not have arrived at a…

19 hours ago

Norris ‘driving better than last year’ despite points deficit

Lando Norris may not be leading the Formula 1 world championship, but the reigning champion…

21 hours ago

Rachel Brookes shuts down Verstappen rumors after Sky F1 exit

Former Sky Sports F1 reporter Rachel Brookes has set the record straight and denied that…

22 hours ago