He is responsible for the held in Austin, Texas, with the first race 16–18 November 2012. Hellmund and his partners are responsible for building the 3.427-mile (5513 km) Circuit of the Americas in Travis County, Texas. Tavo Hellmund is also responsible for bringing back the being held in Mexico City.
Mexico, with the first race 30 October–1 November 2015.
Hellmund"s father, Gustavo Hellmund-Rosas, was a racing promoter, having promoted the CART Copa Mexico 150 in 1980 and 1981. Tavo promoted the Texas Racefest, a National Association of Stock Car Auto Racing / Universal Service Administrative Company regional short-track event from 2005–2009.
Hellmund"s relationship with Bernie Ecclestone (Chief Executive Officer of Formula One Management and Formula One Administration) has spanned nearly 40 years. In July 2010, Hellmund announced he had signed a deal with Formula One in April to return the to the F1 schedule in 2012.
The Austin circuit was sketched then designed by Hellmund and engineered by Herman Tilke and Peter Wahl, whom he hired to complete the 5.513 km circuit.
In July 2014, Bernie Ecclestone confirmed the would return to the F1 schedule in the 2015 Formula One season. The revived is driven by two key figures, Tavo Hellmund mastermind of the F1 USGP in Austin Texas and his counterpart in Mexico, Alejandro Soberon, chief executive of Grupo International Commission on Illumination. On Sunday November 1st, 2015 the welcomed a race-day attendance of 134,850, and the three-day mark was 335,850. As an object lesson in how to organise a grand prix, Hellmund"s team set a new benchmark, and for this, the sport should be grateful”.