Photo: CircuitofWales.com
It looks like the progress of the Circuit of Wales, Britain's upcoming MotoGP venue is back on track after being held up by a public inquiry aimed at shedding light upon certain aspects of the whole deal. Local authorities gave their go for the land de-registering application, so we might see the British GP at the CoW sooner than expected.
Rebecca Evans, the Welsh Assembly's deputy minister for farming and food says she is now "minded to grant the application" required for the construction of the circuit on common land. The Circuit of Wales needs to de-register certain surfaces of land in the intended area, but the process was halted until the results of the public inquiry were published.
Throughout the public inquiry, the Heads of the Valleys Development Company (HOTVDC), the company that will build the new racing complex has provided extensive information on their intentions, as well as "plans for substantial onsite and offsite mitigation and highlighted the suitability of replacement land," autosport reports.
Michael Carrick, Chief Executive, HOTVDC says that the company is now charging ahead with the planned actions, and hopes that all the land-related formalities will be over by the end of 2015. "An independent Welsh Media survey showed 93% of local residents, the commoners, local councils and Natural Resources Wales support these measures, which will lead to improved maintenance and ease of access to the replacement common land," he adds.
Among other characteristics for this massive enterprise, the HOTVDC stresses out advantages to potential partners:
Frankly, seeing the Circuit of Wales operational and homologated by the FIM for 2016 (as autosport writes) sounds impossible, even though we'd like to be proven wrong. A more realistic anticipation would see the British GP at the Circuit of Wales in 2017, but time will tell.
Throughout the public inquiry, the Heads of the Valleys Development Company (HOTVDC), the company that will build the new racing complex has provided extensive information on their intentions, as well as "plans for substantial onsite and offsite mitigation and highlighted the suitability of replacement land," autosport reports.
Michael Carrick, Chief Executive, HOTVDC says that the company is now charging ahead with the planned actions, and hopes that all the land-related formalities will be over by the end of 2015. "An independent Welsh Media survey showed 93% of local residents, the commoners, local councils and Natural Resources Wales support these measures, which will lead to improved maintenance and ease of access to the replacement common land," he adds.
'6,000 new full-time jobs in a broad range of sectors, throughout Wales'
The HOTVDC estimates that around 6,000 new full-time jobs will be created in relation to the Circuit of Wales, and the company hopes to reach 750,000 people visiting the racing complex each year.Among other characteristics for this massive enterprise, the HOTVDC stresses out advantages to potential partners:
- Motorsports and automotive testing facilities including a 5.3 km Grade A track, driver-training centre and automotive proving ground
- A state of the art technology park and incubator, providing for high-specification research, development and support services across the automotive, clean-tech and high-value engineering sectors.
- An industrial park, providing high-end industrial units to grow your business.
- A 30 MW solar park providing renewable energy to tenants and the local community
- Exposure to a broader public of automotive influencers amongst to the race fans who will visit the facility each year.
- A very high quality of life with affordable, quality housing, organic local produce and great cultural opportunities such as the Millennium Stadium, The Hay Literary Festival and many restaurants including the Michelin Starred Walnut Tree Inn.
- Sited adjacent to the southern range of the Brecon Beacons National Park the area offers your team a healthy, outdoor lifestyle.
- Access to equity and debt finance to help fund expansion, capital investment or acquisition.
- Designated as an Enterprise Zone and benefitting from strong support from Industry Wales and the many inward investment support initiatives.
Frankly, seeing the Circuit of Wales operational and homologated by the FIM for 2016 (as autosport writes) sounds impossible, even though we'd like to be proven wrong. A more realistic anticipation would see the British GP at the Circuit of Wales in 2017, but time will tell.
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