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Silverstone writes to PM about circuit

British Formula One Grand Prix hosts Silverstone have asked Prime Minister David Cameron to confirm that a proposed new circuit in South Wales will not receive government financial support. Silverstone Circuits Limited, whose own track risks losing the British MotoGP round to the Welsh newcomer, said in a statement on Monday that they had sought clarification over how the Circuit of Wales in Ebbw Vale would be funded. The BBC reported last week that developers behind the proposed £280 million venture wanted government in Wales and Britain to commit up to £50 million towards it. The Heads of the Valleys Development Company has said it hopes to create 6 000 jobs. Others have criticised...
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11mo ago from SuperSport.com 0
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