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Circuit of Wales submits new funding proposal

Circuit of Wales organisers have submitted a new funding proposal to the Welsh Government, which could lead to the construction of MotoGP's future home in Britain commencing this year. The project, first unveiled in 2011, secured permission to purchase land in Ebbw Vale, in the Blaenau Gwent county, in November '15, but received a major setback last April when the Welsh Government confirmed it would not underwrite it, forcing the owners back to the drawing board. Circuit of Wales signed a five-year deal to host MotoGP in the UK between 2015 and '19, but Silverstone - which wants to keep the race - has stepped in to stay on the calendar until at least this year's British Grand Prix. In July...
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