Official plans to build a motorsports college at Silverstone Circuit in Northamptonshire have been submitted to South Northamptonshire Council.
The Silverstone University Technical College would offer full-time courses to 14 to 19-year-olds in high performance engineering and event management.
Courses would be run both by teachers and industry professionals.
The college would have 576 places.
South Northamptonshire Council will decide if the development can go ahead in the coming months.