When I lived in Houston I never missed a Houston Grand Prix... with that being said I personally am going to avoid Austin the week before, the week during and the week after the first F1 races in Austin. I love everything about the races, the cars, the food, the drinks, the paddock...views, everything! But this is going to get CRAZY with traffic, increase of 300% for hotel rooms, and more people than I care to count.
Also with CRAZY ticket prices and an inevitable 6 hour drive/wait in traffic from San Antonio I will watch from my local pub and enjoy the hundred of angles in true 1080 HD. Maybe 3D if they are airing it...
Only way I think I could enjoy being at the event would be if I had a VIP Box, took a chopper to the track to avoid traffic, and had a big screen in the box so I could watch all the turns in the race and have replay. Guess I am getting old...
I know some of the Austin crowd who stood in line to buy overpriced tickets. I'll forward your post on to them so they can chime in. They may be doing something as a group.
My $.02 is if you are going- Best bet is to rent a party bus to get to the track. They can pull right in front and drop you off and have an express lane to the track they share with shuttle buses.