Plans are advancing for a new motor racing circuit in South Wales. Reports indicate the planned circuit at Ebbw Vale would hold touring car-level races:
http://www.bbc.co.uk/news/uk-wales-19259596
The circuit would be built on the Rassau Industrial Estate:
https://maps.google.co.uk/maps?q=rassau+industrial+estate&oe=utf-8&client=firefox-a&ie=UTF-8&ei=Ck4rUPHZGKml0AW2oYCwBQ&ved=0CAsQ_AUoAg
Britain is not short of racing circuits and some of them are finding it difficult to generate business so it’s debatable whether another one is needed. However the location of this track is some distance from other circuits and appears well-placed to attract visitors from Cardiff.
The planners say they have already raised £150m. Coincidentally, this is the same amount Silverstone say they need to get hold of…
http://www.telegraph.co.uk/finance/newsbysector/industry/9469085/Silverstone-seeking-150m-cash-injection.html