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Silverstone questions Circuit of Wales funding
Silverstone has written to Prime Minister David Cameron asking for clarification over the funding of the new Circuit of Wales project.
It recently emerged that developers of the Ebbw Vale track, Heads of the Valleys Development Company, are seeking financial backing from the Welsh Assembly, which Silverstone fears would give the it 'an economic and selective advantage over other circuits' in the UK.
The developers claim the £280 million venue could generate 6,000 jobs and attract 750,000 visitors annually. Silverstone said in a statement that their own application for government support, when they were looking to secure the future of the British Grand Prix, was rejected 'on the basis...
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