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DATE News (chronologically)
06/28/17
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Circuit Of Wales Gets Green Light To Develop $417M Racetrack (5th Update)
Circuit of Wales

UPDATE #5 A major blow has been dealt to the Circuit of Wales project after the Welsh Government turned down a request for more than £200 million in public funding guarantees.

Circuit of Wales officials, following several setbacks, submitted a fresh financial proposal to the Welsh Government earlier this year, with an extensive period of due diligence undertaken.

But on Tuesday, Ken Skates, Cabinet Secretary for Economy and Infrastructure, released a written statement confirming that the government had rejected the plea.

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