Yes, it is.
It reminds me a little of the very early belt drive Components Corporation turntables out of New Jersey in the 1950s but not sure.
I had an oldie a few years ago that had a plaster filled platter, and a circular motor-mount , belt/rim drive... I think I remember it as a D&R motor, made in California... a total shot in the dark, but see if the motor has markings...
a 50s belt drive with an Audax is certainly interesting!
It has a General Industries motor, but I’ll feed that into Google and see what comes up...
Edit: all I’m finding on D&R is idler drive, such as
http://www.jamesvanarsdale.com/DandR/
This What Hi-Fi entry http://www.itishifi.com/2011/05/popular-electronics-oct-1956-how-to.html shows a general 1956 article about choosing a turntable showing many turntables available at that time. The Components JR is described as "Ceramic Flywheel with aluminum cover", very interesting. Maybe you have one of Jerry's experiments. Or maybe someones DIY inspiration?
Fun thread. Good luck with your search and keep us posted.
