In 1953, Argetsinger was named Executive Director of the newly formed Watkins Glen Grand Prix Corporation. Three years later, the group purchased of land and built a 2.3-mile permanent racing facility, designed to imitate the winding country roads on which the race had originated. Soon the circuit was attracting some of the world's best road racers, including Stirling Moss, Jo Bonnier, Phil Hill and Dan Gurney, for the Formula Libre races, which ran from 1958 through 1960. These events set the stage for Argetsinger's bid to host the ultimate American road racing event, the Formula One United States Grand Prix. His timing was perfect and after disappointing results in its first two years at Sebring, Florida and Riverside, California, the United States Grand Prix found a home in upstate New York in 1961, and Watkins Glen became the focal point of American road racing for the next two decades.