Circuit of the Americas Lawsuit Settled, Formula 1 Back on Track for U.S. Grand Prix

Tavo Hellmund, the mastermind who first dreamt of bringing Formula 1 to Austin, has reached an out-of-court settlement in his lawsuit against Circuit of the Americas (COTA) investors Bobby Epstein, Red McCombs and other management companies involved in the multi-million dollar venture.   Details of the settlement were not disclosed.   The agreement was reached on June 8, just days before the scheduled June 11 court hearing to decide if Hellmund’s case would be heard or go to arbitrat