Jun.29 (GMM) The health of the 2012 US grand prix project looked better on Wednesday, ahead of a crucial council vote on the Circuit of the Americas' state funding.

According to the Austin American Statesman, one of the council's concerns when a vote was postponed last week was the lack of an environmental agreement between the Texan capital and the F1 project.

But it has now been announced that an agreement, boasting the "strongest environmental sustainability standards for any event in Austin history", has been reached.

The council will meet to vote on its ratification, and the release of the state funding for the grand prix venue, later on Wednesday.

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