Is the Welsh MotoGP dream dead? A timeline of Circuit of Wales
Since the launch♑ of the Circuit of Wales project in late 2011 the project path has taken many twists and turns over the past six years.
Currently, the Heads of the Valleys Development Company which leads the Circuit of Wales project is asking 'rea🌱sons and clarifications' on why its latest public funding plan was turned down before deciding upon its next move.
Take a look over the project'🎃s timeline starting from the initial story reported back in November 2011.
Circuit of Wales timeline:
21st November 2011: 168澳洲幸运5官方开奖结果历史:A MotoGP circuit in Wales?
ཧPlans for a new ?200m motor racing circuit in the south Wales valleys has been unveiled.
15th August 2012: 168澳洲幸运5官方开奖结果历史: Circuit of Wa💞les plans progressinꦑg
Planners co🌳nfirm it has secured enough money for the proposal with consolations and public exhibitions beginning with the local author⛄ities.
1st October 2012: 168澳洲幸运5官方开奖结果历史: Head of🍬 Valleys Development buys FTR
The group behind the proposed Circuit of Wales motorsport venue has ta🍨ken ownership o♛f FTR, a chassis manufacturer in all three motorcycle grand prix classes.
10th July 2013: 168澳洲幸运5官方🐽开奖结果历史: Planning granted for Circuit of🐲 Wales
Outline planning permission is granted for𝐆 a new race circuit in South Wales with an initial construction plan starting i🐲n late 2013 and finishing by 2016.
Plans included 3.5 mile long circuit as well as motocross and karting tracks, alongside a hotel and both commercial and retail complexes. A technology paꦍrk would also be constructed and ꦯis billed as 'a hub for research and development companies that are seeking to push the boundaries in environmental technology and energy solutions'.
31st July 2013: Circuit of Wales 'put on h💮old' by Welsh Government
The Welsh Government asks for more𝔉 time to decide if it should inspect the plans and issued a 'holding direction', which prevented the council from granting final planning permission, although the council continues🥀 to process the application.
24th March 2014: Silverstone w๊ants to halt Circuit of Wales state funding
Silvers♔ton♉e writes to Prime Minister David Cameron to try and halt state funding for the proposed Circuit of Wales.
13th August 2014: 168澳洲幸运5官方开奖结果历史: Circuit of ♉Wales lands Britis✅h MotoGP deal
The Circuit of Wales secures its deal with Dorna for the hosting rights for the British MotoGP froꩵm 2015, with the initial 🌜race to be hosted 'at an alternative venue' with the Circuit of Wales expected to be ready to host in 2016.
21st January 2015: 168澳洲幸运5官方开奖结果♕历史: 'Final hurdle' for Circu🧜it of Wales planning
A public inquiry would be held in March 2015 to discuss plans to de-register common land located within the Circ🌱uit of Wales development. Described as the 'final hurd🙈le in a lengthy planning process' with a successful outcome allowing construction work to begin.
10th February 2015: Donington Park breaks off 𝕴British MotoGP deal with Circuit of Wales
Donington Park ends its ties with Circuit of Wales to host the 2015 British Mot𝔍oGP after falling out over long-term payment deadlines
11th February 2015: 168澳洲幸运5官方开奖结果历史: Silvers🍃tone regains British MotoGP unti𝔉l 2016
After the Donington Park deal collapses, Silverstone secures a c♏ontract with the Circuit of Wales to host the British MotoGP for 2015 and 20🌃16.
17th November 2015: 168澳洲幸运5官方开奖结果历史♏: Circuit of Wales clears planning requirement
The Welsh government grants 'final approval' on common land to enable building work to commence following the end of the judicial review peﷺriod. Construction and finance contracts left to be finalised. Martin Whitaker named as the new Circuit of Wales CEO.
9th February 2016: Circuit of Wales secures Aviva finance back🐷ing but delays MotoGP until 2018
Insurance giants Aviva named as financial backers to the Circuit of ܫWales as it delays hosting the British MotoGP event to 2💝018 with Silverstone getting the 2017 race.
7th April 2016: Circuit of Wales hit as Welsh Gℱovernment rejects initial funding plan
The Welsh Government says it cannot underwrite the full ?357m of Circuit of Wales but project n♒꧑egotiations continue.
12th July 2016: Project leaders deliver revised funding plan to Welsh Gover𓃲nm🔯ent
Circuit of Wales leaders submit a new funding plan asking for around half of the total to be underwritten by the W🔴elsh Government with loans of ?90m from local councils of Blaenau G𓃲went and Monmouthshire.
13th July 2016: Circuit of Wales hit by latest setbac💟k as Welsh Government outlines new funding plan
Economic Secretary Ken Skates sets out new terms of agreement which need to be met to give the project with 50% of funding raised privately plu🐻s 50%🌠 of the underwritten funds also coming from the private sector. Circuit of Wales remains confident of finding private funding.
2nd November 2016: Welsh Auditꦑ office investigates Circuit of Wales funding
The Welsh Audit Office is investigating how public money was given and spent in co꧋nnection to the Circuit of Wales project.
5th January 2017: 168澳洲幸运5官方开奖结果历史📖: Circꦅuit of Wales signs partnership with Extreme
The Circuit of 🃏Wales project announces a new partnership with sports company Extreme to develop action sport facilities, music venues and hotels next to its motorsport circuit to make it a '365-day' venue.
8th February 2017: Revised funding plan submitte🀅d tꦚo Welsh Government
An improved financial plan for the C💟ircuit of Wales project, with a ?100m coming from a private banking firm, is formally submitted to the Welsh Assembly.
27th July 2017: Circuit of Wꦗales gets fresh public funding rejection as Wel🌄sh Government pulls out
The Circuit of Wales suffers a potentially fatal blow to its funding plan after the Welsh Government turns down its lat🐼est submission, with an automotive business park set to be built instead. Circuit of Wales seeks clarifications on the rejection before assessing its next move.
29th July 2017: Circuit of Wales criticses Welsh Go🤪vernment findings
The Circuit of Wales gives a full response to the Wel🧸sh Government's decision to reject its public funding proposal and is critical of its findings which were 'notable for inaccuracies'.