Application Filed for New Michigan Track

A fifth application for a new racetrack in Michigan was filed Monday by a group of black Republican investors who want the facility to be a family theme park with hotel, restaurant, shops, and IMAX theater.

Xanadu World/Tomby Ltd. applied for the license, a group that claims the city a decade ago promised them condemned land to build a casino, the Detroit Free Press reports.

The facility would include slot machines if pending legislation passes. Highland Park Mayor does not support the plan: "There is no way in the world I would condemn land for a racetrack," he said.

The group has no racetrack experience and the application did not specify what type of racing would be conducted.

Racing Commissioner Robert Geake is currently reviewing five racetrack applications. Current law allows for one new track in Detroit, another in metro Detroit, and an unlimited number outside the metro area.

Of the pending applications, three are for the one metro Detroit area license; one is for the Detroit license, and one is for Lansing.