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Hellmund working on new GP project in North America

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American businessman Tavo Hellmund has revealed to NBCSN that he is working on a new project that will bring another Formula 1 race to North America.

Hellmund was the mastermind behind the formation of the United States Grand Prix at the Circuit of The Americas in Austin, Texas, and the return of the Mexican Grand Prix at the Autodromo Hermanos Rodriguez, which hosts its first F1 race since 1992 this weekend.

Speaking to NBCSN’s Will Buxton on Friday, Hellmund revealed that he is working on some new projects, one of which involves bringing another grand prix to North America.

“We’re looking at a project that’s probably two weeks away from being able to talk about it, then looking also maybe making an investment with a team, but right now, we need to make sure that the Mexican Grand Prix goes well,” he said.

When pressed for where the new race would be, Hellmund said: “It would be North America.”

Hellmund’s comments come less than one week after F1 CEO Bernie Ecclestone hinted that a new race in the United States was being worked on, telling Sky Sports that “we’re going to have to go California way” for a second American round.

Hellmund made no secret of his pride when talking about the Mexican Grand Prix’s return to the calendar, particularly with his father hailing from Mexico.

“You know, when the cars first left pit road for FP1, I literally started crying because of my Dad’s history here,” Hellmund said.

“What we had to do in the past 16 months, it was very emotional. It was just a really special moment. This is where the grand prix has always been.

“We looked at doing it in Cancun. Bernie really was keen on that, but when I told him what it would look like here once it was finished with the stadium section, he got excited and I think he’s pleased now.”

Indy 500 qualifying: Today’s schedule, TV times, how the 33-car field is set

Indy 500 qualifying schedule
Doug Mathews/IndyCar
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The 33-car field of the 104th Indianapolis 500 will be set through the two-day Indy 500 qualifying schedule Saturday and Sunday at Indianapolis Motor Speedway.

Today’s session will determine the nine cars that will compete for the pole position and starting positions 10-30.

On Sunday, the pole position then will be determined in a Fast Nine Shootout (the top nine qualifiers also received NTT IndyCar Series points).

All on-track activity will be on NBC Sports Gold’s IndyCar pass (click here for streaming Saturday and here for Sunday), and Indy 500 qualifying will be on NBC from 3-5 p.m. ET Saturday and Indy 500 pole qualifying from 1-3 p.m. ET on NBC.

Last year, Simon Pagenaud captured the pole position on the way to winning last year’s Indy 500.

Qualifying speeds at Indianapolis Motor Speedway are determined by a four-lap average around the 2.5-mile track.

Here is the Indy 500 qualifying schedule and how to watch on TV:

Saturday, Aug. 15

5:30 a.m. – Garage opens

6 a.m. – Tech inspection

8:30-9:30 a.m. – Indianapolis 500 practice (NBC Sports Gold)

11 a.m.-5 p.m. – Indianapolis 500 qualifying (NBC Sports Gold; NBC coverage from 3-5 p.m.; NBCSN 5-6 p.m.)

7:30 p.m. – Garage closes

Sunday, Aug. 16

8 a.m. – Garage opens

9 a.m. — Tech inspection

11-11:30 a.m. – Indianapolis 500 practice (NBC Sports Gold)

1:15-2:15 p.m. – Fast Nine pole qualifying (NBC begins at 1 p.m., NBC Sports Gold)

3:30-6 p.m. – Indianapolis 500 practice (NBCSN, NBC Sports Gold)