Rallycross Promoter boss Arne Dirks said that rallycross has “enormous potential to appeal to new audiences – a point very well illustrated by the phenomenal success of our inaugural city-centre event in Hong Kong last year”.
“That was a real ‘milestone’ moment and has encouraged us to explore further metropolitan locations,” Dirks added.
This year’s WorldRX calendar is set to feature five double-header rounds, although the British round at Lydden Hill has been dropped.
The Coventry plans also have the support of the FIA, world motorsport’s governing body.
The organisation’s road sport director, Andrew Wheatley, described Coventry as an “ideal location” for an event, adding: “The compact footprint and intense, high-energy nature of rallycross make it well-suited to an urban environment, and with its strong sustainability credentials.”
If the Coventry street circuit project goes ahead, it will be the first true closed-road motor race in the UK since the Birminham Superprix, which ran on a 2.47-mile course from 1986 until 1990.
That event was headlined by Formula 3000, at that point the main feeder category to Formula 1, and also hosted the British Touring Car Championship.