News Details

Silverstone questions Circuit of Wales funding

Silverstone has written to Prime Minister David Cameron asking for clarification over the funding of the new Circuit of Wales project. It recently emerged that developers of the Ebbw Vale track, Heads of the Valleys Development Company, are seeking financial backing from the Welsh Assembly, which Silverstone fears would give the it 'an economic and selective advantage over other circuits' in the UK. The developers claim the £280 million venue could generate 6,000 jobs and attract 750,000 visitors annually. Silverstone said in a statement that their own application for government support, when they were looking to secure the future of the British Grand Prix, was rejected 'on the basis...
Full Story »
3y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Silverstone calls on PM to stop Circuit of Wales...

Silverstone believes the 'illegal' funding would have a detrimental...
3y ago from espnF1.com

Silverstone writes to PM

Silverstone Circuits Limited have confirmed they have written to Prime...
3y ago from SkySports.com

Silverstone write to PM

Silverstone Circuits Limited have confirmed they have written to Prime...
3y ago from SkySports.com

Silverstone calls on PM for clarification of Welsh...

Silverstone Circuits Limited has written to Prime Minister David Cameron...
3y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Hayden's funeral to take place on Monday

– Nicky Hayden's funeral will be held in his home town of...
2d ago from GPUpdate.net

Rossi taken to hospital after motocross crash

Rossi crashed while training on his motocrosser and was taken to Rimini...
3d ago from BikeSportNews.com

Rossi to continue his recovery at home

amaha rider Valentino Rossi has been discharged from hospital, following...
3d ago from GPUpdate.net

No further medical complications for Rossi

– Yamaha says Valentino Rossi is making "positive...
3d ago from GPUpdate.net

Popular On IndyCarToday.com

Sato bathing in respect from peers after 500 win

Sebastien Bourdais wasn't exactly sure how he was regarded by his fellow...
2h ago from Racer.com

Andretti Autosport basks in total team effort

A surprising state of achievement was realized on Sunday with Takuma...
3h ago from Racer.com

Despite blowup, Alonso hits the mark at Indy

His race ended like so many others have the past couple years –...
21h ago from Racer.com

Popular On TotalWRC.com

Østberg tops Fafe jumpers

Østberg tops Fafe jumpers High-flying Mads Østberg was king of the...
1d ago from WRC.com

Sainz rolls back the years

Sainz rolls back the years Rallying legend Carlos Sainz turned back the...
3d ago from WRC.com

Carlos Sainz drives Rally Portugal's Fafe stage with...

Two-time World Rally Champion Spaniard back at the wheel of a rally car on...

Lappi positive after Portugal points

Finn rounds off successful World Rally Car debut with Power Stage points
3d ago from WRC.com

Popular On GunnersToday.com

Arsene Wenger: Two former Arsenal midfielders discuss...

GETTY Adrian Clarke expects Arsene Wenger to sign a new Arsenal contract...
3h ago from Express.co.uk

Arsenal pendulum swings, farewell Totti, Messi magic,...

Stevie Nicol believes Arsenal's FA Cup triumph over Chelsea will be...
5h ago from ESPNFC.co.uk

Barcelona readying move for Arsenal star: Lionel Messi...

GETTY Barcelona will make a move for Hector Bellerin to please Lionel...
2h ago from DailyStar.co.uk

Arsenal Transfer News: Wojciech Szczesny to leave,...

Szczesny has spent the last two seasons on loan at Roma after falling...
4h ago from Express.co.uk

Comments

Hottest News

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.