MotoGP has officially affirmed that it has inked a deal with the Circuit of Wales that will allow it to hold the next round of British world championship from 2015. However, since the construction of Circuit of Wales has not started yet so another track will be used for 2015 round of British championship. Once its construction will be completed then, Circuit of Wales will be ready to host the 2016 Grand Prix round. The Ebbw Vale venue was looking to acquire the event for quite some time now, as they believed that it will help them accelerate the construction work. That will start later in this year and its cost is going to be around £315 million.
As far as the alternative venue is concerned, it is likely that Silverstone may get the chance to host the event for one more year. If not then, MotoGP could return to Donington Park for just one season only. Confirming the deal with MotoGP the chief executive of the Circuit of Wales Michael Carrick said that their agreement with Dorna is a big achievement in the development of the circuit in South Wales. According to Carrick MotoGP is the best motorcycle racing in the world therefore the series itself and millions of fans want to see this world class event taking place at state of the art venues.
Carrick also said that they are looking forward to meet these expectations when they will host the first MotoGP round in Wales from 2016. He added that at this point in time they are closely working with the governing bodies of the MotoGP, FIM and Dorna for the 2015 round of British MotoGP World Championship.
The agreement between the two parties also includes an option of extending the deal for more years once the current agreement expires in 2019. Unfortunately, the Circuits of Wales has been affected by many issues since its inception. As a result, the construction of the venue has already been delayed, as initially it supposed to complete during this spring. Thanks to delay in acquisitions of the planning permissions.
That’s not all the project is also facing funding issues too, as so far Welsh and UK government are the two officially announced investors that are looking to invest combined £50m in the project. Rest of the investors are yet to be announced. Besides, financial issues many have serious concerns over the transparency of the project too. Therefore, now it remains to be seen that how helpful new agreement will remain for the Circuit of Wales.
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