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I was thinking more along the lines of he should have left things alone in Watkins Glen, New York 31 years ago.
Salable land in the Northeast is too rare and too expensive anymore. Also, good transport links north of NYC aren't very plentiful. Liberty Park, or whatever the place was in New Jersey was NOT on. Monticello in Upstate New York would have REQUIRED COMPLETE bulldozing and reconstruction, and road links to it weren't anywhere near adequate, I don't think.
California and Texas are really the only places in the lower 48 with a desirable enough geographic location, sufficient population density, and enough truly open land to make a new GP circuit project really doable. And land in California particularly is still NOT all that cheap relatively speaking. Also, a track in the vicinity of L.A. would face the same, or worse, traffic issues as Austin for those trying to drive to the race.
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