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.

Since the launch of the Circuit of Wales project in late 2011 the project path has taken many twists an🐭d turns over the past six yea💙rs.

Currently, the Heads of th൩e Valleys Development Company which leads the Circuit of Wales project is asking 'reasons and clarifications' on why its latest public funding plan was turned down befor🐓e deciding upon its next move.

Take a look over the project's timeline starting from the initial story repor♔tedꦿ back in November 2011.

Circuit of Wales timeline:

21st November 2011: 168澳洲5最新开奖结果: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5最新开奖结果: Circuit of Wales plans progressing

Planners confirm it has secured enough money for the proposal with consolations and publi♌c exhibi▨tions beginning with the local authorities.

1st October 2012: 168澳洲5最新开奖结果: Head of🐽 Valleys Development buys FTR

The group behind the pr꧅oposed Circuit of Wales motorsport venue has taken ownership of FTR, a chassis manufacturer in all three motorcycle gran☂d prix classes.

10th July 2013: 168澳洲5最新开奖结果: Pl✱aജnning granted for Circuit of Wales

Outline planning permission is granted for a new race circuit in South Wales with a☂n initial construction plan starting in late 2013 and fไinishing 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 also be constructed and is bi🎐lled 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 Wal🍃es 'put on hold' b🌱y Welsh Government

The W🔯elsh Government asks for more time to decide if it should inspect the plans and issued a 'holding direct🔴ion', which prevented the council from granting final planning permission, although the council continues to process the application.

24th March 2014: Silversไtone wants to halt Circuit of Wales state fu😼nding

Silverstone writes to Prime Minister David Cameron to try and halt state fundi෴ng for the proposed Circuit💝 of Wales.

13th August 2014: 168澳洲5最新开奖结果: 🐽Circui🌱t of Wales lands British MotoGP deal

The Circuit of Wales secures its deal with Dorna for the hosting rights for the British MotoGP from 2015, with th♉e 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5最新开奖结果: 'Fiꦯnal 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 Circu⛎it of Wales dev🐈elopment. Described as the 'final hurdle in a lengthy planning process' with a successful outcome allowing construction work to begin.

10th February 2015: Donington Park breaks off British M🐬otoGP deal with Circuit of W🌱ales

Donington P♚ark 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5最新开奖结果: Si꧃lverstone regains British MotoGP until 2016

After the Donington Park deal collapses, Silverstone secures a co🙈ntract with the Circuit of Wales to host the British MotoGP for 2015 and 2016.

17th November 2015: 168澳洲5最新开奖结果: Circuit♑ o🎐f 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 period. Construction and finance contracꦏts left to be finalised. Martin Whitaker named as the n⛦ew Circuit of Wales CEO.

9th February 2016: Circuit of Wales secures Aviva finance backing b꧙ut delays Mot🦩oGP until 2018

Insurance giants Aviva named as financial backers to the Circuit of Wales as it delays hosting the British MotoGP event to 20♍18 with Silverstone getting the 2017 race.

7th April 2016: Circuit of Wales hit as Welsh Governmen❀⛦t rejects initial funding plan

The 🍎Welꦅsh Government says it cannot underwrite the full ?357m of Circuit of Wales but project negotiations continue.

12th July 2016: Project l𒊎eaders deliver revised funding plan to Welsh Government

Circuit of Wales leaders submit a new funding plan asking for around half of the total to be underwritten by the Welsh Government with loans of ?90m from local coun🅰cils of Blaenau Gwent and Monmouthshire.

13th July 2016: Circuit of Wales hit by l💙atest setback as Welsh Government out🔯lines new funding plan

Economic Secretary Ken Skates se🅠ts out new terms 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 investigates Circ🎐uit of Wales funding

The Welsh Audit Office is investi🌠gating how public money was given and spent in connection to the ꦅCircuit of Wales project.

5th January 2017: 168澳🗹洲5最新开奖结果: Circuit of Wales signs partnership with Extreme

The Circuit of Wales project announces a new partn💫ership 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: Revis🌸ed funding plan submitted to Welsh Government

An improved financial plan for the ꦚCircuit of Wal💟es project, with a ?100m coming from a private banking firm, is formally submitted to the Welsh Assembly.

27th July 2017: ಞCircuit of Wales gets fresh public funding rejection as Welsh Governm🌺ent pulls out

The Circuit of Wales suffers a potentially f🦄atal blow to its funding plan after the Welsh Gove🍃rnment 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: Circuit of Wales criticses Welshꦓ Government fꦇindings

The Circuit of Wales gives a full response to the Welsh Government's decision to reject i🎃ts public funding proposal and is critical of its findings which were 'notabl🧜e for inaccuracies'.

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