Plans for a £250 million race circuit complex in South Wales were unveiled at the Tollemache Arms public house in Harrington, Northamptonshire, today (Friday 17 August).
The scheme to build a circuit from scratch is the brainchild of two Northamptonshire residents –financier Peter Thomas who worked in the city for 20 years, and former Honda MotoGP motorcycle race team manager Chris Herring.
Planning permission has been sought for the Circuit of Wales to be sited next to the Rassau Industrial Estate north of Ebbw Vale on an 830-acre site. It is anticipated that work on the complex will start next spring with a view to completion in 2015. The goal is to host world championship level racing at the complex to include saloon car racing and MotoGP and World Superbike racing.
“The development will represent the most significant capital investment programme in automotive and motor sports infrastructure in the UK in the last 50 years,” said Peter Thomas, chief executive of Insight in Infrastructure Ltd, of Irthlingborough, Northamptonshire.
Initially he and Mr Herring had investigated the possibility of taking over an existing race track, before deciding that a new complex to include off-road motorcycle racing tracks was the way to go.
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