Plans for an Enterprise Zone around the Rockingham Speedway are to be discussed later.
The local authorities in Corby and East Northamptonshire say their jont bid will lead to more investment.
Meanwhile plans for a 300 thousand pound overhaul of Corby’s East Midlands International Pool look likely to get the go-ahead later.
Councillors meet tonight to discuss the project – which will see refurbishment work carried out and some equipment replaced.
Another 200 thousand is needed in the near future to replace fitness equipment.