Event chair Bud Denker says the council on Tuesday approved an application to hold the race on Belle Isle near downtown Detroit for a multi-year period beginning next year.
Denker says "nothing is confirmed" until sponsorship comes together in the next few weeks.
Race officials are eyeing June 1-3 for the event, which last ran in 2008 in Detroit. The race was canceled due to the poor economy.
The Detroit race series on Belle Isle started in 2007 after a six-year gap. Earlier auto races took place on streets around the Renaissance Center.
[Associated Press]
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