Community and Business Leaders Assemble to Support Formula 1 Bid

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Circuit Events Local Organizing Committee to Request City Endorsement

A committee formed to support the attraction and arrival of the Formula 1 World Championship in 2012, named the Circuit Events Local Organizing Committee (CELOC), has been established. The group will focus on building a coalition of supporters for the event and work with the City to secure an official endorsement for the race.

“The success of any major event coming to Texas, whether it be the Super Bowl or the Final Four or Formula 1, starts with a committed group of civic and business leaders who understand the incredible benefits an event like Formula 1 brings to a city,” said Steve Sexton, president of Circuit of The Americas. “Our vision is to create a place for virtually any kind of racing, whether it be a bicycle event or a nonprofit fundraising walk. Formula 1 is key to making all of that possible, so we appreciate the support CELOC is providing.”

A diverse group of leaders have come together as Circuit Events initial Board of Directors, including, Sam Bryant, president of Bryant Wealth Investment Group, LLC, Anne Smalling, president of HM International, LLC (HMI), Stephanie Richmond, owner of Richmond International Connections, Wayne Hollingsworth, an attorney with Armbrust & Brown, and Ford Smith, an Austin business executive.

A high priority for CELOC is securing an official endorsement of the Formula 1 race from the City of Austin. That endorsement allows the State Comptroller to access the legislatively created Major Events Trust Fund, the dollars from which can be used to help offset costs associated with hosting the Formula 1 World Championship. The group has already commissioned an economic development study to provide updated facts and figures to the Comptroller regarding the economic impact benefits the race will bring to Texas.

Board Member Profiles and Statements

Sam Bryant, President - Bryant Wealth Investment Group, LLC

Mr. Bryant is a veteran of the Austin technology community, having served in a variety of executive roles with Applied Materials and is currently an investment representative with MLR Wealth Management. He serves on the Board of Regents of Texas Southern University, is President of the Tuskegee University Alumni Club of Central Texas and is a Director of West Minister Manor, a continuing care facility in Austin.

In addition, he is a member of the Board of Directors of United Way Capital Area and is a member of the Austin Area Research Organization. He serves as a deacon at Mt. Sinai Missionary Baptist Church and is President of Mt. Sinai Christian Academy.

In joining the Committee, Mr. Bryant said, “I want to be involved in the Local Organizing Committee for Formula 1 because I see this event and the Circuit of The Americas project as being about an expanded economy and a source of long-term opportunities for Central Texans. This is the biggest quality of life investment made in southeast Travis County in generations.”

Anne Smalling, President - HM International, LLC (HMI)

HM International is a holding company for diversified manufacturing and services businesses. Mrs. Smalling oversees the operating company management teams and focuses her time on financings, acquisitions and divestitures within the portfolio.

Anne serves as the Chairman of the Board of Directors of Windsor Quality Food Company, American Innovations and PGI International. She also serves on the Board of Directors of EnLink Geoenergy Services, rateGenius, Inc., PDI Ninth House, Inc. and Igasamex. A trustee of the Meinig Family Foundation, she participates in the evaluation and allocation process of the Foundation’s gifts. Additionally she is a member of the Board of Directors of the United Way of Central Texas and Treasurer of St. Andrew’s Episcopal School Board of Directors.

Mrs. Smalling said, “We’ve come together because we appreciate the international stage Formula 1 brings to Austin, and believe the jobs and dollars that come to Central Texas because of it and the many other events that will take place at the track will help us diversify our economic base.”

Stephanie Richmond, Owner - Richmond International Connections

Richmond International Connections consults with businesses on cross-border initiatives between Mexico and Texas. Before starting her own business, Ms. Richmond spent five years in the public sector with the Historically Underutilized Business (HUB) Program for the State of Texas. She has served on the Board of the Central and South Texas Minority Business Council and is a Board Member for the Greater Austin Hispanic Chamber of Commerce.

“The historic, cultural and economic links Texas and Mexico share will be on display when Formula 1 comes to Austin,” said Ms. Richmond. “Mexican fans have an incredible passion for the sport and those that come to Circuit of The Americas will be business owners and corporate executives looking for opportunities to build relationships with their U.S. and Texas counterparts to the benefit of both countries.”

Ford Smith

Ford Smith is president and owner of Texas Enterprises, Inc., a petroleum products distribution company representing many major oil companies that service fleet vehicle customers, municipalities, automobile dealerships and vehicle service shops. The company is a wholesale provider of fuels, fuel oils, distillates and other related products.

Mr. Smith is a member of the Texas Petroleum Marketers and Convenience Store Association, a member of The University of Texas’ Chairman’s Council and a long-standing Board of Visitor member supporting the McDonald Observatory, one of the world's leading centers for astronomical research, teaching, and public education and outreach.

“I am excited to be a member of Circuit Events Local Organizing Committee,” said Mr. Smith. “It is an opportunity for me to bring together many of the best people in the petroleum industry and related businesses with a sport that represents the pinnacle of automotive technology. I imagine that Circuit of The Americas will someday be a center where innovations in fuel efficiency will be tested, so it is great to be a part of helping make that happen.”

Wayne Hollingsworth, Attorney - Armbrust & Brown

Wayne Hollingsworth is a Partner at the law firm Armbrust & Brown, PLLC and has worked as an attorney in Austin, Texas for over 26 years. In addition to being a licensed attorney in Texas, Mr. Hollingsworth holds a certificate from the State of Texas as a Certified Public Accountant, and practices law representing a diverse group of clients in the areas of business planning, operations and transactions, including choice of entity, tax planning, formation, and operations for “for-profit” and “non-profit” entities, private offerings of exempt securities, real estate transactions and financing, construction and design contracts, aircraft and aircraft fractional interest acquisitions, ownership and sales and other general business areas.

“I am excited to be a part of this local organizing committee, which will work with the local citizens and businesses, event promoters, and governmental authorities, including the State of Texas and the City of Austin, to help secure, organize and host not only the Formula 1 United States Grand Prix(TM) race for the next 10 years, but also many other national and international events that can be held at the racing facility, all of which will provide jobs, tourism and significant economic benefits to the Austin and Central Texas area for years to come.”

About Circuit of The Americas

Circuit of the Americas will be a world-class destination for performance, education and business. It will be the first purpose-built Grand Prix facility in the United States designed for any and all classes of racing, from motor power to human power, and be the U.S. home to both the Formula 1 and MotoGP Grand Prix World Championships.

Circuit of the Americas’ master plan features a variety of permanent structures designed for business, education, entertainment and race use. Its signature element will be a 3.4-mile circuit track with capacity for 120,000 fans. Other support buildings will include a medical trauma and care training facility, 14 executive meeting suites, a conference center, a banquet hall as well as an expansive outdoor live music space. Future proposed amenities include a driving/riding experience, a motorsports driving club, kart track, grand plaza event center and tower, and a trackside recreational vehicle park. For more information, visit http://www.CircuitofTheAmericas.com.

Media Inquiries:
Jeff Hahn
Representing Circuit of The Americas
Office: 512-344-2017
jhahn(at)hahntexas(dot)com

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Jeff Hahn
Hahn, Texas Communications
(512) 344-2017
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