Circuit of the Americas — home to Formula One, NASCAR, live music and most recently a theme park — will welcome a water park to its repertoire of guest amenities, according to an announcement in late August. The news came amid the unveiling of a strategic partnership between COTA and global investment firm Carlyle.
“Under the partnership, which is designed to build on the economic momentum Formula 1 has brought to the region since COTA opened, Carlyle….will provide capital to accelerate the opening of COTALAND and to fund additional destination experiences, including a planned water park and, longer term, an on-premises resort,” firm leaders confirmed in the announcement.
The news came in tandem with the opening of the COTALAND theme park in late September, with the Central Texas destination featuring more than 30 rollercoasters, games and other attractions. Under the strategic partnership, both COTA and Carlyle leaders are working to grow COTA’s annual visits up to three million guests come 2030.
While Carlyle has joined as an investor in that future development, officials added that COTA will remain locally owned and operated as part of the agreement.
“We are proud of the Texas hospitality with which our community has welcomed guests from around the world,” Bobby Epstein, chairman of Circuit of the Americas, said in the announcement. “This partnership will provide additional resources to advance COTA’s next phase of growth, attract more visitors to Central Texas and create new experiences for our community and fans beyond race weekends.”