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Formula 1 and Circuit of The Americas Ready to Roll

10-Year Race Contract Brings F1 Back to the U.S. in 2012; Construction to Resume Immediately

AUSTIN, Texas – December 7, 2011 – Circuit of The Americas announced today they have reached
an agreement with Formula One Management that ensures the Formula 1 United States Grand Prix
remains on the FIA Formula 1 World Championship race calendar.

Red McCombs, chairman of McCombs Enterprises and founding partner of Circuit of The
Americas stated, “Mr. Ecclestone received his check today. We want to thank the fans supporting us,
the local officials and businesses that have encouraged us, the State of Texas, Circuit of The
Americas’ staff and Bernie himself. I want to thank and commend Bobby Epstein for getting us
across the finish line. Bobby’s perseverance and leadership kept the project on track despite unfair
and unfounded criticism.”

“Our investors have believed all along that this project has tremendous benefit for our region, and
provides a strong economic engine for the future,” stated Epstein, founding partner of Circuit of
The Americas. “We remain committed to reaching our goal of being valuable community partners
as we establish a platform for sports and entertainment. We’re glad that Tavo’s vision of bringing
F1 to the people of Texas will become a reality.”

Engineering and construction teams working on the track will resume immediately, ensuring
completion for the 2012 race date.

“We have a substantial number of fans who have expressed interest in buying tickets and hospitality,
so today is a win for all of them as much as it is for Circuit of The Americas,” said Steve Sexton,
president of Circuit of The Americas. “We encourage everyone to visit our website and register for
information. Registered fans will receive the first communication regarding ticket sales plans. In a
matter of weeks we will have more exciting news as we unveil our full calendar of world class
events.”

Fans interested in receiving information about tickets for next year’s Formula 1 United States Grand
Prix can register their contact information at www.CircuitofTheAmericas.com. Ticket sales
information will be communicated to those registered prior to general public notification.

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