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New Circuit of Wales plan requires taxpayers to back 3/4 of 拢375m cost
Developers behind plans for a new motor racing track in Ebbw Vale are calling on the Welsh Government to support a revised proposal for the track, which could provide thousands of jobs in the area.
The initial Circuit of Wales bid was rejected in April 2016 for being too risky- it required the entire scheme to be underwritten by the government.
The new plan requires the taxpayer to guarantee three quarters of the 拢375m cost of the project.
Martin Whitaker, CEO of the Circuit of Wales spoke with Oliver Hides
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