The Czech Republic wants to host a grand prix in the future on a street circuit in its capital city, Prague.
Circuit prime mover Toni Charouz is aiming to stage a round of the DTM on the 2.5-mile track as a pre-cursor to a Formula 1 event.
"F1 is the ambition," Charouz told AUTOSPORT. "If we put on a good show with the DTM, then maybe we can have a grand prix, but we've got nothing on paper yet."
A draft layout of the circuit, which will be situated three miles outside Prague city centre, has been drafted by F1 circuit guru Hermann Tilke. The track will include a 1.3-mile permanent section and a corner within a 15,000-seater sports stadium.
Charouz would not reveal how far negotiations have progressed with F1 supremo Bernie Ecclestone, but is confident that the track can be a success.
"This track will be very central in a city of 1.5million people," he added. "This type of track is the future of motor racing."
Charouz, who has run teams in sportscars and A1GP, and has promoted various international events at Brno, said that the planning process for the circuit was "90 per cent complete."
He expects work on the track to begin next year with the first races taking place in 2012.
A spokesperson for DTM organiser the ITR was optimistic that the saloon car event will become a reality.
"Hans Werner Aufrecht [ITR boss] loves street races, so of course we would be interested in a project like this, but it is just a proposal at the moment."