It’s the world’s longest, slowest, corporate death.
In June, the Welsh government decided against providing an additional £210 million worth of taxpayer-funded guarantees towards the construction of the Circuit of Wales in Ebbw Vale, and without that money, the future of the entire project was placed in absolute limbo.
Now that limbo status would appear to be well and truly cemented (Ed: Which is the most construction that’s happened on the project so far…) because Dorna (the organisers of MotoGP) have officially ended their relationship with the proposed Welsh circuit.
In a statement from the Circuit of Wales, the decision taken by Dorna was said to be ‘understandable’,
“The decision taken by Dorna is completely understandable given the current circumstances surrounding the Circuit of Wales development and the Welsh Government decision not to underwrite part of the private sector investment.”
“At a time when the government is openly discussing bringing new events to Wales it is frustrating to think that an event with the power and scale of the British Motorcycle Grand Prix will not be taking place in the principality in the immediate future.”
“The team’s objective has been to grow the sport in the UK and deliver to Wales a stand-out world championship event in the years to come.”
So what does the mean for the future of the British round of MotoGP? Well, Silverstone is still very much a thing.