Some are using the Formula One race as an opportunity to do business.

Local business owners are planning to take their clients out and wine them and dine them at the Formula One race. The suites range in price from $25,000 to $200,000.

“If you want to invite a big wig from New York City and you want to close a deal with them, they don’t have an interest in coming down here and going to a UT football game or something like that, but and F1 track, yeah, you may be able to get them to come to that,” Austin Business Journal Editor Colin Pope said.

Learn which business are buying these suites in this edition of “Business Now.”