F1: COTA confirms USGP return

Circuit of The Americas confirmed Wednesday that its United States Grand Prix would return to the Austin, Texas circuit on the weekend of October 21-23.

The race had been previously listed as provisional after COTA officials acknowledged financial pressures following the storms that afflicted last year's race (pictured) and a reduction in funding for the event from the State of Texas.

The circuit also revealed that Taylor Swift will perform on COTA's Super Stage on Saturday of USGP weekend, following F1 qualifying.

"We are so happy to confirm F1's return to COTA as well as Taylor Swift's headline performance," said Bobby Epstein, chairman and CEO of COTA. "We can't think of a better way to mark this important 5-year milestone for F1 in Austin. Since we first hosted this event in 2012, we have gained a lot of knowledge and insight that has allowed us to make significant annual improvements to the event that we are confident will continue to establish the Formula 1 United States Grand Prix as the standout race weekend on F1's calendar.

"By combining the excitement of Formula 1, the fun of the festival, and a full concert by Taylor Swift, we ensure fans can enjoy the greatest sports and entertainment event of the year. We're looking forward to welcoming visitors to Texas and the Circuit of The Americas, for what promises to be an amazing weekend."