Although the scheduled IndyCar and ALMS race at Detroits's Belle Isle was canceled for the second straight year for 2010 due to the economic meltdown that has hit the Detroit region, Detroit Grand Prix chairman Bud Denker told AutoWeek
that the event will be revived as soon as financial conditions permit.
“We've got all these assets that we bought – from the barrier walls to the fencing to the infrastructure, it's all sitting in our downtown warehouse, and there's depreciation,” Denker said.
“We invested more than $6 million on Belle Isle, and that investment is still there. Roads, the drainage, the lighting, the landscaping, the casino, the fountain. It was a total retrofit. We contributed to have the event there for years and years.”