Peregrine Corporation's grand plans for the Tailem Bend Motorsport Park have been revealed to the public and are on display at the Coorong District Council office.
The master plan has been lodged with the State Government's Development Assessment Commission for approval.
The design includes a three-configuration race track and pits, drag strip, burn-out pad, rally track, four-wheel-drive adventure park, drift circuit and garaging, skid pan, go-karting facility, BMX tracks, cycling trails, and water sports facilities.
Supporting facilities include an industrial estate, an airstrip and helipad, an On The Run service station, expo building, hotel motel, caravan park, camping ground, dining and bar facilities, vendor outlets, broadcasting facilities, grandstands and paddock garages.
Coorong council chief executive officer Vincent Cammell said the council and community were excited about the motorsport park's prospects, with over 50,000 views on the council's Facebook post detailing the plans.
"A lot of people heard talk for a year or two, but this is the first time they've graphically seen how it might come together," Mr Cammell said.
"(Feedback has) all been very positive ... the level of support is unheard of.
"It's moving ahead quite nicely ... I suspect it will take a couple of months to assess something of this complexity."
Mr Cammell said a highlight of the 1900-acre park design was a 7.2-kilometre race track, which could potentially hold a V8 Supercars race as early as 2016.
"I believe it's the largest in the southern hemisphere," he said.
"People talk about Bathurst, but this is bigger and a higher standard."
Mr Cammell said there were four main access points off the highway, which were B-double compliant, and the airstrip would probably be used for public charter planes of up to 12 seats for people attending events.
He said the hotel would have 50 rooms, but had the capacity for up to 100 rooms, and Peregrine had spoken about boating activities on the water facilities.
Mr Cammell said Peregrine were very good at keeping construction work local for their developments.
"I suspect they will continue to do that ... I think they actually prefer to use local contractors," he said.
"Every element (of the park) generates a lot of hands-on employment.
"It will have a flow-on impact for Tailem Bend, but it will impact Murray Bridge's future as well."