NJMP is the brainchild of local developers Lee Brahin and HarveySiegel, who have teamed up to form New Jersey Motorsports Park LLCto turn a sprawling 700-acre tract here into a mixed-use venuefocusing on auto and motorcycle racing. The company would own andoperate the property, which they estimate will generate some 1,500jobs and more than $1 million a year in tax revenues.

On the motorsports side of the equation, NJMP, as proposed,would include everything from a four-mile auto racing oval, tocourses for motorcycles and all-terrain vehicles. Also part of thepackage would be vehicle garage facilities, an auto museum andtraining facilities for racing participants.

What makes the project unusual is that Brahin and Siegel alsopropose to build hotels, a private clubhouse, conferencefacilities, restaurants and the like to turn the NJMP into whatthey're calling "a luxury vacation resort." The intent is tosimultaneously stage and/or combine such events as auto races andbusiness clients.