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I've had to drive that area MANY times, actually. I will say this, being outside of the metropolitan Los Angeles area will give you the advantage of not cutting into major traffic. However, the City of Industry is not renowned for having regularly maintained roadways. 18-wheelers pass through the streets (ESPECIALLY Telegraph Rd. right next to I-5 Fwy), so there's quite a bit of wear & tear done to the streets.
But with the massive Citadel outlet shopping center very close by, I can see really cool things like race-related festivities, music performances, maybe even using a main stage for something really cool like live driver Q&A sessions!
If there was a serious bid for a major series to race there, I can see the county (since I'm assuming City of Industry has it's own city council for that area) going into the possibility of revamping the area for such an event.
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