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Circuit of Wales Confident it’s Still on Course for Go Ahead

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The Circuit of Wales remains confident it will be given the green light and signed-off by the Welsh government this week as critical deadlines loom.

It is a crucial week for the Circuit of Wales, which has faced a number of hurdles since it was first announced in 2013, with a decision set to be made on whether the investment of taxpayers' money is classified as state aid – which is illegal under European Union Law for such a project.

The Welsh Government is estimated to be investing £32m in the circuit, having already committed £17m with around £2m spent on the lengthy planning and public inquiry.

The issue was sparked by legal advice given to Welsh Assembly minister Edwina Hart MP which says the investment is considered state aid and therefore illegal.

SOURCE: crash.net