North Carolina eyes a Formula 1 future
The state legislature has set aside $400,000 within a $34 billion budget to commission a comprehensive analysis of the economic implications of introducing a Formula 1 race in North Carolina. The study, conducted by Sanford Holshouser Economic Development Consulting, is expected to deliver its findings before the end of the year.
Proponents point to a 1,200‑acre parcel in Catawba County, situated just north of Charlotte, as a prime candidate for the new circuit. The location’s natural topography is viewed as advantageous for a purpose‑built Grand Prix track.
Charlotte already serves as a hub for a variety of racing operations, hosting multiple NASCAR teams, the headquarters of Haas F1, and technical facilities for major automotive manufacturers including Ford, GM, Toyota and IMSA. The region also houses NASCAR’s production center, radio networks and two halls of fame — the NASCAR Hall of Fame and the North Carolina Auto Racing Hall of Fame.
Beyond the track itself, the study will examine how the addition of a Formula 1 event could complement existing speedways such as Charlotte, North Wilkesboro and Rockingham, and how the state’s motorsports heritage might translate into broader tourism and job creation.
Veteran motorsports journalist Deb Williams, a North Carolina native with more than four decades of experience at United Press International and The Charlotte Observer, brings deep insight into the industry’s evolution and could help shape public understanding of the proposal.