The plan at a glance

Saturday, Aug. 1, 1998 | 5:24 a.m.

The consortium also includes Las Vegas resident Tommy Baker, president of the partnership and of a subsidiary race production team called GO /F1 Ltd.; golf course developer and operator OB Sports of Nevada (the Greenspun family, owners of the Las Vegas Sun, have a minority interest in OB Sports), and local engineering company Martin & Martin. OB Sports is affiliated with such local courses as The Legacy and Angel Park golf clubs.

This team plans to host the F-1 series finale on an annual basis beginning in November 2000. The county's share of the revenues would be 1 percent of the gross or $500,000 a year, whichever is greater.

* The Walters Group, represented by Billy Walters, owns several golf courses, including the Desert Pines Golf Club and Stallion Mountain Country Club in Southern Nevada. The group proposed both an 18-hole, 7,000-yard course and a nine-hole, par 3 layout designed by nationally renowned golf course architect Pete Dye.

The group's golf division, Southwest Golf, would manage the courses. Other members of this consortium include former Boyd Gaming Corp. President Charles Ruthe and Breslin Builders President Jack Breslin of Las Vegas.

The projected investment in this development is $33 million, not including a water re-use facility that could add $10 million in costs. The county wouldn't collect anything in the first 10 years but would receive an estimated $27.1 million over the next 20 years.

* Gary Player Design Group and Club Corp. of America proposed to combine its golf course with a tennis club at a price tag that could reach $19 million. Player, whose accolades are often lumped with those of Jack Nicklaus and Arnold Palmer, has won both the Masters and British Open three times to go with his two PGA championships and one U.S. Open victory.

Club Corp., the nation's largest operator of private country clubs and city athletic clubs, owns the Canyon Gate Country Club in Las Vegas. The Dallas company will host the 1999 U.S. Open at its Pinehurst Resort & Country Club in North Carolina.

This proposal would give the county 8 percent of the gross or $280,000 a year, whichever is greater.