Monday, November 28, 2011

Ebbw Vale £200m racing circuit 'could host MotoGP'

The BBC are reporting plans of a mega new race circuit in Wales. An ambitious £200m plan for a motor racing circuit in the south Wales valleys has been unveiled. The track at Ebbw Vale would have the potential to host major championships to host the World Touring Car Championship and motorcycling's MotoGP. Developers say it would create thousands of jobs, while local MP Nick Smith described the plan as "a real game-changer" for the area.The Welsh government says there are talks but details are confidential. The circuit is earmarked for the Rassau industrial estate on the Heads of the Valley road No planning application has been made yet but a firm called the Heads of the Valley Development Company, backed by London-based financiers, has been set up and more discussions are taking place later.

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