The heck of it is, we've got the correct topography available up here in the U.P. There's a bit of road going east-west across the center of the peninsula that's known as "The Seney Stretch", running from Shingleton on one end to Seney on the other. it's about 23 miles long and flat and straight -- and yes, Bob, quite visible from space. It's in a swampy part of a national forest.
I didn't mean, in my earlier post, that such a strip of pavement might exist. I meant - just like Stainless said -- someone who has mega-mega bucks to spare could afford to build it. And Jack, you may be right that the many variables such as temperature or even weather from one end to the other would be of concern. But if we're building a perfect racing venue and money's no problem, let's at least thread some piping under the track surface to circulate something to keep the temperature as constant as possible.
Finally -- there are areas TODAY that fit the need perfectly -- frozen lakes. I don't think they'd be much good in the traction department, but every other aspect is there for the using -- and just think how easy it'd be to keep engines and other parts from overheating.