Blog > Racing Ahead: $200M Motorsports Megaplex Gets Green Light in Putnam County
Racing Ahead: $200M Motorsports Megaplex Gets Green Light in Putnam County
by
A major new project that could transform Putnam County is moving closer to reality after earning its first key approval Wednesday night.
The $200 million development, proposed by St. Augustine–based Scott Lagasse Racing (Team SLR) in partnership with Mosler Industries, would include a high-end driver training and test track, luxury car storage, and various other features—highlighted by a four-star hotel.
Led by Palatka native and former NASCAR driver Scott Lagasse Sr. alongside his son, professional driver Scott Lagasse Jr., Team SLR’s vision was met with enthusiasm by the Putnam County Planning Commission, which voted unanimously to recommend the project to county commissioners.
Today, the Lagasses focus on their Trans Am Series team, a driver-training program, and building cars for other racing teams.
Their proposed 443-acre site sits alongside the Palatka–Kay Larkin Airport—a location Scott Lagasse Sr. described as ideal for attracting high-end clients while minimizing noise concerns.
The project has earned enthusiastic backing from community leaders, including Sheriff Gator DeLoach, as well as strong support from local residents who say Putnam County needs a major economic driver to boost growth and create jobs.
According to project representatives, the development could generate $20 million annually for the local economy and could be operational by 2027.
“This is something we’ve wanted to do for a long time,” Lagasse Sr. said. “It’s home to me and I don’t want to travel…Why not build it here and have the revenues here?”
“Why not Putnam?” the younger Lagasse told the panel at the meeting, stressing his family’s roots in the area. “This is dad’s home. This is legacy. Why not here?”
Check out my YouTube Channel https://youtube.com/@livinginpalatka?si=3jFFESnhudGFRudl I talk about Putnam County and Real Estate.
Want to purchase one of these future Race and Garage themed properties? Reach out to me and I can make sure you get in first.
Cody Bockheim -Realtor
904-315-9966
REAL BROKER LLC
