Remember the Circuit of Wales?
Proposals for an ‘International motorsport racetrack’ in Northern Ireland with intentions to host events such as the World Superbike Championship have received planning permission.
The Mid Ulster Disctrict Council have approved the application for Lake Torrent – a 57 acre site based within and around a former clay pit – with the track planned to offer a 3.59 km circuit with 12 turns of various technical abilities and speeds.
Alongside the track, the proposals also state that there will be extensive pit garages, a spectator gallery, hospitality facilities as well as an associated Land Rover / Jaguar garage and dealership.
“Lake Torrent is a hugely impressive and ambitious proposal which will transform a substantial and unused area of depleted clay pits into a world-class motorsport centre. The proposal represents an initial £29M investment which will create 500 jobs during construction, and 40 full-time positions on an ongoing basis.
It is anticipated there will be over 500 posts on race days which will provide a significant boost to the local economy of Coalisland, and also be a substantial driver for increasing the number of visitors coming to Mid Ulster”.
News of the development comes just weeks after the proposed plans for the MotoGP approved Circuit of Wales were scrapped after the local Government removed their support following financial concerns.
Brilliant news. We are so proud of the team and looking forward to delivering this amazing project for NI. https://t.co/MjoaAjD8jH
— Lake Torrent (@LakeTorrent) September 5, 2017
Source: Mid Ulster Council