Circuit Of Wales Loses Rights To Hold MotoGP In Ebbw Vale

The firm behind a failed plan to build a £433m race track in Blaenau Gwent has lost the rights to hold the MotoGP.

Circuit of Wales signed a 10-year deal three years ago to hold the motorbike race at its proposed track in Rassau, Ebbw Vale.

But in June the Welsh Government refused to provide £210m of taxpayer-funded guarantees on the project.

Circuit of Wales said the decision by MotoGP organisers Dorna to end its relationship was "understandable".

The three-day MotoGP has been held at Silverstone for the past three years and the race track will host this year's event from August 25 to 27.


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Source : http://www.bbc.com/news/uk-wales-south-east-wales-40890223

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