A motorsports park that could cost more than $50 million and cover more than 300 acres has been proposed at Horizon Center in west Oak Ridge.
The Oak Ridge City Council is expected to consider a resolution expressing support for and interest in the project on Monday evening. The development of the test track and research facility could be on three lots at Horizon Center: parcels 5, 6, and 7. The project could include about 327 acres total.
If the resolution is approved Monday, it would be sent to the Oak Ridge Industrial Development Board. The project could then be reviewed by the IDB, which could consider whether to sell the property. The IDB has contacted Oak Ridge City Manager Mark Watson’s office to determine City Council’s interest in the project, according to the agenda for Monday’s meeting.
H.E. Bittle III of Hardin Valley Land Partners told Oak Ridge officials in a February 2 letter that the planned motorsports park would have a road course “suitable for FIA (Federation Internationale de L’Automobile) sanctioned events, such as Formula E, Indy Car, IMSA, NASA, and other sanctioning bodies.”
Besides the race course, the motorsports park would have an amphitheater with a mix of permanent and lawn seating for more than 7,000 people, similar to the Ascend Amphitheater in Nashville, Bittle said.[Read more…]