The proposed circuit at Tailem Bend already has a deal to hold a second V8 Supercars race in South Australia, according to the track’s developer.
It was revealed yesterday that the federal government will tip $7.5 million into the project, which is expected to cost around $80 million dollars, and include not only a race circuit but a hotel, an industrial park and an airstrip.
The development is being spearheaded by Peregrine Corporation, and the company’s director says he already has a deal in place with V8 Supercars to hold a second round in South Australia in 2017, once the circuit has been built.
“We have a commitment, a signed commitment from V8 Supercars, to run a second V8 Supercar race in South Australia when this facility is finished, Shahin told radio station 891 ABC Adelaide.
"So South Australia will host another V8 Supercar race at this motorsport park."
As it stands, the state’s lone V8 Supercars event is the season-opening Clipsal 500, which is held on the Adelaide Parklands circuit that was formerly the home of the Australian Grand Prix before it was shifted to Melbourne in 1996.
The ABC report states that the project will go before the South Australian development assessment commission this week.