Circuit of The Americas™ announces executive changes AUSTIN, Texas – Following a carefully planned transition period, Circuit of The Americas (COTA) today announced that Steve Sexton is departing as its chief executive officer. Jason Dial, company president, will assume the role of CEO. “This was a tough decision for me to make, but the timing is right,” Sexton said. “Our team’s accomplishments in the last three years have been remarkable, and I am very proud and privileged to have worked with a group of experienced and dedicated individuals, who’ve proven time and again that nothing is impossible. Our just-completed Formula 1 United States Grand Prix is further evidence of the exceptional experience that the COTA can deliver. And to see the way that the City of Austin, Travis County and the State of Texas have embraced our accomplishments is incredibly rewarding. “We’ve done a considerable amount of heavy lifting the past few years, and the time is right for me to pass the executive torch to Jason Dial, who is well positioned to lead COTA into its next chapter. The enormous effort required to build and launch an internationally renowned company in a matter of months has left little time for anything but work. I’m looking forward to taking a break and spending time with my family who sacrificed a lot while we were fully focused on opening the circuit and putting COTA on a path for long-term success. I am so proud of the team we’ve assembled and the impact they’ve had in a short amount of time. Big things are on the horizon for Circuit of The Americas, and I am thrilled to have been here to start the COTA story.” COTA chairman Bobby Epstein said, “Our investors, friends, and community are grateful for Steve’s tremendous accomplishments. He has led us from our beginning and has helped create a vibrant, multi-dimensional company. While building a first-class roster of professionals, he tirelessly navigated us through rough waters and successfully gave COTA a solid foundation. We wish Steve the very best as he takes a well-deserved break and know that his futures endeavors will likewise be great.” About Circuit of The Americas Circuit of The Americas in Austin, Texas, is a world-class destination for premium sports and entertainment. It is the first racing facility in the United States purposely built for Formula 1™ racing and is designed to host a variety of sports and entertainment events. The Circuit is home to the FORMULA 1 UNITED STATES GRAND PRIX, which was named the 2012 “Sports Event of the Year” by SportsBusiness Journal/Daily, and is the new North American host of the summer edition of ESPN’s X Games. Additionally Circuit of The Americas welcomes spectators from around the world for some of the most prestigious national and international motorsports series, including MotoGP™, V8 Supercars™, GRAND-AM Road Racing™, American Le Mans and the FIA World Endurance Championships. Circuit of The Americas’ 1,500-acre campus includes a variety of permanent structures designed for business, education, entertainment and sporting use. Its signature 3.4-mile, 20-turn undulating racetrack features remarkable elevation changes and a number of challenging turns patterned after some of the world’s iconic Grand Prix tracks. The Austin360 Amphitheater, recently nominated for Pollstar’s “Best New Major Concert Venue” award, is an expansive outdoor live music space, featuring the largest permanent stage in Central Texas and the capacity for 14,000 guests. The Circuit’s iconic 25-story Observation Tower has a viewing platform offering 360-degree views of the venue, downtown Austin and Texas Hill Country. The 44,000-square foot Event Center offers an expansive convention and banquet space that doubles as an international Media Center during sports and entertainment event. The Event Center includes more than 30 broadcast booths, an internal café and dedicated news conference room. The Circuit’s massive Main Grandstand features permanent seating for 9,000, a variety of well-appointed suites, and the Velocity Lounge and hospitality area. Circuit of The Americas also offers a state-of-the-art on-site medical facility, parking for 25,000 vehicles, taxi and shuttle bus depots and a permanent heli-stop.
Steve Sexton Hands COTA Leadership Reins Over To Jason Dial
Steve Sexton Hands COTA Leadership Reins Over To Jason Dial
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