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Silverstone nonplussed with Circuit of Wales cash request

Have you been keeping an eye on the proposed new Circuit of Wales near Ebbw Vale? Well Silverstone certainly has and they’re nonplussed about the recent developments there including a request to the UK and Welsh governments for investment capital to underwrite the project. According to the BBC, circuit developers have asked for £30m from the Welsh government and an additional £20m from the UK government. The Blaenau Gwent council is backing the plan and says they are comfortable with the business plan but Silverstone is not excited about the proposition and has offered an official statement: 'Silverstone is fully supportive of regeneration projects and the creation of new jobs,...
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11mo ago from Formula1Blog.com 0
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