Circuit of the Americas CEO Sexton resigns
21 November, 2013
The Circuit of The Americas (COTA) CEO Steve Sexton has resigned, with its president Jason Dial assuming the role.
The Austin-based circuit has hosted Formula 1’s United States Grand Prix since last year. The 2013 iteration took place over the weekend before Sexton’s resignation was announced. The venue will also be home to ESPN X Games that will visit Austin for the first time in its series in June next year.
Sexton said: “This was a tough decision for me to make, but the timing is right. 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.
“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 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. “(SportBusiness)
Subbed by AJN.