Plans for a £250m race circuit complex in South Wales were officially unveiled in August.
The Heads of the Valleys Development Company scheme to build a circuit from
scratch is the brainchild of infrastructure specialist Peter Thomas and former Honda MotoGP motorcycle race team manager Chris Herring. Project CE is Michael Carrick, founder of Aventa Capital Partners.
Planning permission is being been sought for the Circuit of Wales to be sited next to the Rassau Industrial Estate north of Ebbw Vale on an 830-acre site. It is anticipated that Work on the complex will start next spring with a view to completion in 2015. The goal is to host world championship racing at the complex including MotoGP, World SuperBike and saloon car racing.
“The development will represent the most significant capital investment programme in automotive and motor sports infrastructure in the UK in the last 50 years,” said Thomas, chief executive of Insight in Infrastructure Ltd, of Irthlingborough, Northamptonshire.
Initially Thomas and Herring had investigated the possibility of taking over an existing race track, before deciding that a new complex to include two off-road motorcycle racing tracks and a kart track was the way to go.
The complex is also due to include a medical centre, motor sports academy and technology park. Only two purpose-built race circuits have been built in the UK so far - Brooklands at Weybridge, Surrey (1907- 1939), and Rockingham Speedway, Corby, Northamptonshire (opened 2001).
Source: British Dealer News Magazine, September 2012
The Heads of the Valleys Development Company scheme to build a circuit from
scratch is the brainchild of infrastructure specialist Peter Thomas and former Honda MotoGP motorcycle race team manager Chris Herring. Project CE is Michael Carrick, founder of Aventa Capital Partners.
How the track may look |
Planning permission is being been sought for the Circuit of Wales to be sited next to the Rassau Industrial Estate north of Ebbw Vale on an 830-acre site. It is anticipated that Work on the complex will start next spring with a view to completion in 2015. The goal is to host world championship racing at the complex including MotoGP, World SuperBike and saloon car racing.
“The development will represent the most significant capital investment programme in automotive and motor sports infrastructure in the UK in the last 50 years,” said Thomas, chief executive of Insight in Infrastructure Ltd, of Irthlingborough, Northamptonshire.
Initially Thomas and Herring had investigated the possibility of taking over an existing race track, before deciding that a new complex to include two off-road motorcycle racing tracks and a kart track was the way to go.
The complex is also due to include a medical centre, motor sports academy and technology park. Only two purpose-built race circuits have been built in the UK so far - Brooklands at Weybridge, Surrey (1907- 1939), and Rockingham Speedway, Corby, Northamptonshire (opened 2001).
Source: British Dealer News Magazine, September 2012
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