It's probably one of the largest non obstructed paved surfaces anywhere. It would be an awesome go cart or car racing lot. But the pavement is crap. Besides the damage the actual surface is junk.
The area is a Green Acres site, which means nothing motorized. Go carts /racing is out.
I could see a gun range going in there along with camping/bike park. This will not yield much money to the state but fits the permitted use of the land.
The only places the state makes any serious money is areas with aquatic recreation. Wawayanda, Lake Hopatcong, Sandy Hook...
This whole process could linger for years, the state moves very slowly. It could easily be 5-10 yrs before anything actually occupies that space.
In the mean time we still have a great place to mtb.