COTA aims to raise $65M toward its long-awaited amusement park

AUSTIN ( Austin Business Journal ) — Circuit of The Americas aims to raise $65 million to build a long-planned amusement park at its site in southeast Austin.

That’s according to a pair of Sept. 23 filings with the U.S. Securities and Exchange Commission . The filings detail how Delaware-based COTA Emerald Fund LP has raised more than $46 million of the sum so far — about $36 million from a group of 14 unidentified investors, and $10 million from an unidentified single investor.

Alyssa Epstein, COTA’s general counsel who is listed as an executive in the filings, said in a Sept. 24 email to the Austin Business Journal that the money was from a recent fundraiser “in connection with amusement park construction.” She declined further comment, outside of saying COTA plans to “share the development with Austin in 2025.”

Read the full story in the Austin Business Journal.

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