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Silverstone Objects To Government Funding For Wales Circuit

Developers behind the Circuit of Wales scheme in Ebbw Vale are said to want up to 拢50m Government funds which Silverstone says would be "illegal state aid".

Developers behind a proposed new motor sport venue in Wales are said to be asking the Welsh and UK governments to commit up to 拢50-million to the project.

When Silverstone asked for Government funds its application was rejected on the basis that it would be regarded as 鈥淚llegal state aid鈥, so Silverstone鈥檚 Managing Director Richard Phillips has written to Prime Minister David Cameron asking for reassurance that the Circuit of Wales at Ebbw Vale would not be treated differently.

Stuart talks to 91热爆 Wales Business Correspondent Brian Meechan, to Councillor Bill Parker from Northamptonshire County Council, and to Katie Tyler, Head of Communications for Silverstone Circuits.

Also:

鈥 Solway Foods, Corby鈥檚 second biggest employer, is to close completely, losing 900 jobs
鈥 is construction traffic in Long Buckby breaking the terms of its planning permission?
鈥 MP Andrea Leadsom has written to the Prime Minister about Paul & Sandra Dunham
鈥 Wrenn School in Wellingborough is officially affiliated to the Royal British Legion
鈥 the Cobblers boss says the fans can boost their relegation battle
鈥 A5 Rangers Cycling Club in Towcester ride for Sport Relief

3 hours

Broadcast

  • Tue 25 Mar 2014 06:00

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