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 𝓡twists and turns over the past six years.
🌃Currently, the Heads of the Valleys Development Company which leads the Circuit of Wales project is asking 'reasons and ღclarifications' 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 repor𝔉ted 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?
Plans 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: Circu♔it of Wales plans pr⛄ogressing
Plann❀ers confirm it has secured enough money for the proposal with consolations and public exhibitions beginning with the lo🤡cal authorities.
1st October 2012: 168澳洲𓄧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 taken ownership of FTR, a chassis manufacturer in all three motorcycle grand prix classe🎉s.
10th July 2013: 168澳洲幸运5官方开奖结果历史: Planning granted𝔍 for Circuit of Wales
Outline planning permission is granted for a new race circuit in South Wales with an initial construction plan starting in late 2013 and fin🍬ishing 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 park would a🎃lso be constructed and is 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 'puꦚt♕ on hold' by Welsh Government
The Welsh Governm🐎ent asks for more 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 t🐭he application.
24th March 2014: Silverstone wants to halt Circuit of Wales state fundꦐing
Silverstone writes to Prime Ministerဣ David Camero🅘n 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: Ci𝓰rcuit of Wales lands British⛄ MotoGP deal
The Circuit of Wales secures its deal with Dorna for the hosting rights for the British MotoGP fromﷺ 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 Circuit of Wales planning
A public inquiry would be held in March 2015 to discuss plans to de-register common land located within the Circuit of Wales development. Described as the 'final hurdle in a lengthy planning process' �ꩵ�with a successful outcome allowing construction work to begin.
10th February 2015: Donington Park breaks off Bri♋tish MotoGP deal with Circuit of Wales
Donington Park▨ ends its ties with Circuit of Wales to host the 2015 British MotoGP 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: Silverstone regains Briti🎀sh MotoGP until 2016
Afꦦter the Donington Park deal col✅lapses, Silverstone secures a contract with the Circuit of Wales to host the British MotoGP for 2015 and 2016.
17th November 2015: 168澳洲幸运5官方开奖结果历史: ♚Circuit of Wales cl🦄ears planning requirement
The Welsh government grants 'final approval' on common land to enable building work to commence followingꦗ the end of the judicial review period. 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 backing but♓ delays MotoGP until 2018
Insurance giants Aviva named as financial backers to the Circuit of Wales as it delays hosting the British MꦯotoGP event to 2018 with Silverstone getting the 2017 race.
7th April 2016: Circuit of W⛄ales hit as Welsh Go🧸vernment rejects initial funding plan
The Welsh Governmen🌟t says it cannot underwrite the full ?357m of Circuit of Wales but project negotiation🐷s continue.
12th July 2016: Project leaders deliver revised fundi🧸ng plan to Welsh ꧃Government
Circuit of Wales leaders submit a new funding plan asking for around half of the to♎tal to be underwritten by the Welsh Government with loans of ?90m from local councils of Blaenau Gwent and Monmouthshire.
13th July 2016: Circuit of Wales hit by laꦏtest setback as Welsꦺh Government outlines new funding plan
Economic Secretary Ken Skates sets out new tܫerms of agreement which need to be met to give the project with 50% of funding raised privately plus 50% of the underwritten funds also coming from the private sector. Circuit of Wales remains confident of finding private funding.
2nd November 2016: Welsh Audit office inves♊tiꦗgates Circuit of Wales funding
T🅺he Welsh Audit Office is investigating how public money was given and spent in connection to the Circuit of Wales project.
5th January 2017: 168澳洲幸运5官方开奖结果历史: Circuit of W⛎ales signs partnership with Extreme
The Circuit of Wales project announces a new partnership with sports company Extreme to develop acti﷽on sport facilities, music venues and hotels next to its motorsport circuit t♔o make it a '365-day' venue.
8th February 2017: Revised fund🔯ing plan submitted to Welsh Government
An improved financial plan for the Circuit of Wales project, with a ?1𒀰00m coming from a private banking firm, is for✃mally submitted to the Welsh Assembly.
27th July 2017: Circuit of Wales gets💖 fresh public funding rejection as🎃 Welsh Government pulls out
The Circuit of Wales 𝐆suffers a potentially fatal blow to its funding plan after the Welsh Government turns down its latest 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: Circuiﷺt of Wales criticses Welsh Government findings
The Ciไrcuit of Wales gives a full response to the Welsh Government's decision to reject its public funding proposal and is critical of its findings which were 'notable for inaccuracies'.