Plans to bring a motor racing event to Birmingham are being considered by council chiefs.
Officials and representatives from development agency Advantage West Midlands went on a fact-finding visit to the Isle of Man Rally last week.
The city hosted the Super Prix Formula 3000 races from 1986 until the event was axed in 1990.
A spokeswoman for the city council said it was considering plans for a "rally event" in the city.
She said: "It's fair to say that the plans are being considered."
It is believed that there are no imminent plans to bring back the Super Prix event, however.
Advantage West Midlands said a motor race in the city would boost engineering firms in the region which provided parts to the motor racing industry.
Martin Hone, who created the original Super Prix, said a road racing event would boost the image of Birmingham.
He said: "When [the Super Prix] first ran the infrastructure wasn't as strong as it is today.
"We've got a myriad of quality hotels, restaurants, road system and a need to promote the image of Birmingham.
"I've always felt the idea of a road race linked to the history of car manufacturing in the city was a sound base from which to work from.
"It's glamorous, it brings international celebrity people that the media will be interested in and I think it will work."
The original Super Prix followed a specific Act of Parliament in 1985 which allowed the city to stage motor racing in the city centre.
Formula 3000 was at the time one rung down the ladder from Formula One.