Blaenau Gwent borough council has submitted an application to renew outline planning permission for a motorsports facility at the site in Rassau, near Ebbw Vale.
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Circuit of Wales developer owes £31.41m
The company behind the scrapped Circuit of Wales project in Ebbw Vale, which is more than £31 million in debt, has entered into a legal agreement to save it from bankruptcy. (more…)
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Civil Servants Quizzed on the handling of Circuit of Wales
The Welsh Government has been accused of “moving the goalposts” during their handling of the Circuit of Wales project. (more…)
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Circuit of Wales is ‘back on track’
People owed money by the company that planned to take forward the controversial Circuit of Wales project have been told it is still on course to be delivered. (more…)
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The risks that led to the Circuit of Wales being turned down
Experts identified 26 key risks to the viability of the Circuit of Wales in due diligence work done for the Welsh Government, several in-depth reports on the proposals for the £433m racetrack in Ebbw Vale have now been published. (more…)
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Circuit of Wales Contests Welsh Government Assessment
The Circuit of Wales developer has struck back at the Welsh Government after it decided not to part-fund the circuit, citing a “fundamental misunderstanding” of the risks involved. (more…)
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The Circuit of Wales has been refused public funding
The long-awaited Circuit of Wales development in Ebbw Vale has been turned down by the Welsh Government. (more…)
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Decision to be made on Circuit of Wales next week
A decision on the Circuit of Wales project will be made next Tuesday, it has been announced. (more…)
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Circuit of Wales racetrack funding decision by the end of the month
A decision on Circuit of Wales project will be made by the end of June, first minister Carwyn Jones has said. (more…)
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New controversy over Circuit of Wales as developers moot a Circuit of Scotland
The Circuit of Wales project has hit fresh controversy after it emerged that its developers are involved in discussions with the Scottish Government about the development of a possible Circuit of Scotland. (more…)
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Circuit of Wales delayed after developers provide “inaccurate” information
A decision on the Circuit of Wales racetrack faces yet another delay as ministers accusing the developers of providing “inaccurate” information. (more…)
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Circuit of Wales: ‘Flawed’ decisions on public funding
A report into the initial funding of the Circuit of Wales (CoW) has found “significant shortcomings” in the way public money has been used in relation to the £425m project. (more…)
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No decision on Circuit of Wales until May
A decision on whether to back the £425m Circuit of Wales with public money will not be taken until after local elections in May. (more…)
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Time to ‘pull the plug’ on the Circuit of Wales
Monmouth MP David Davies has called the circuit of Wales an “outrage” and said “people are being sold a pipe dream”. (more…)
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Circuit of Wales submits new Welsh Government funding proposal
Circuit of Wales have submitted a new funding proposal to the Welsh Government, which could lead to the construction of MotoGP’s future home in Britain commencing this year. (more…)
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Circuit of Wales given two week deadline to confirm its financial backers
The company behind the proposed £425m Circuit of Wales project, which plans to create a new motorsport racetrack at Blaenau Gwent, has been given a two week deadline to confirm its financial backers. (more…)
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Circuit of Wales bosses want to build ‘world-leading’ leisure complex
Plans to create a “world-leading” sports, leisure and entertainment complex at the site of the proposed Circuit of Wales have been announced, where it is hoped thousands of jobs will be created. (more…)
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Further questions raised about future of Circuit of Wales
Questions have been raised about ongoing delays to the Circuit of Wales project, in the Senedd. (more…)
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Concerns raised about the Circuit of Wales
Monmouthshire MP David Davies has reiterated concerns about financial aspects of the Circuit of Wales plan. (more…)
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Government investigates Circuit of Wales funding
The Welsh Audit Office is investigating how public money was given and spent in connection to the Circuit of Wales project, less than a month after what was expected to be the final piece of private funding. (more…)