The Welsh Government has refused to back the latest plan put forward to fund the building of the Circuit of Wales in Ebbw Vale. According to BBC Wales, the suggested funding proposal for the potential MotoGP venue carries an “unacceptable” level of risk to taxpayers, and that “further work is needed” for the $487million venture to be underwritten. The Circuit of Wales originally signed a five-year contract with MotoGP promoter Dorna Sports to host the series starting from 2015, with Donington Park standing in during CoW's construction phase. However, a deal was subsequently reached for the British MotoGP round to remain at Silverstone for a further two years until CoW could take...
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