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$2.7B Project Will Turn Old Atlantic City Airport Into Formula 1 Racetrack $2.7B Project Will Turn Old Atlantic City Airport Into Formula 1 Racetrack
$2.7B Project Will Turn Old Atlantic City Airport Into Formula 1 Racetrack A $2.7 billion development project is set to turn an old Atlantic City airport into a Formula 1 racetrack with condos and stores, officials said. Atlantic City Council gave the go-ahead, by an 8-0 vote, to the project to redevelop Bader Field during a meeting on Wednesday, March 22. Mayor Marty Small Sr. held a ceremony to sign the Memorandum of Understanding with the project's developer, DEEM Enterprises LLC, at Bader Field on Thursday, March 23. "Not only is it a great day, it's a historic day," Small said. "This has been a long time coming." It will give taxpayers relief, and redu…

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by Jon Craig