Gov. Perry Promotes Austin F1 Race, Meets with Government Leaders

Gov. Rick Perry spent the weekend promoting the upcoming Formula 1 United States Grand Prix that will occur in Austin, and encouraging international trade with Texas at meetings with government leaders.

On Sunday, Gov. Perry attended the 2012 Formula 1 Italian Grand Prix at the Monza Circuit, and highlighted the upcoming United States Grand Prix in Austin and the unique layout of the Circuit of the Americas Track in interviews with Speed TV and Sky Sports, which broadcast Formula 1 races in the U.S. and internationally. The governor also met with Bobby Epstein, chairman and founder of the Circuit of the Americas, and Stefano Domenicali, head of Ferrari Racing. The United States Grand Prix will take place November 16-18 at the Circuit of the Americas track, which is currently under construction. Once fully operational, U.S. Grand Prix events are expected to attract 1.2 million visitors annually, with an expected $400-500 million in total spending in 2012.

Gov. Perry also spoke at a dinner hosted by Milan Consul General Kyle Scott on Sunday that was attended by Italian government and business leaders. On Saturday, the governor met with Italian Prime Minister Mario Monti and Israeli President Shimon Peres to discuss investment in and trade with Texas.

Gov. Perry and First Lady Anita Perry are in Italy for an economic development trip until Wednesday, September 12. This trip is funded by TexasOne and the Ambrosetti Forum. No tax dollars will be used for the Perry's travel and accommodations on this trip.