Planned Welsh circuit signs deal with Extreme
7 January 2017 – Circuit of Wales officials have confirmed that a new partnership has been signed with the Extreme Sports Company, with the aim to make the venue a 'world-leading sports, leisure and entertainment destination.'
Under the new partnership with Extreme, the Circuit of Wales has proposed constructing new facilities to be built around the 3.5-mile circuit.
These will include a BMW park, an indoor skiing facility, a Virtual Reality Zone, live music stages, two hotels and a campsite.
"Our partnership with Extreme underlines the unique range of activities, facilities and services the circuit's enterprise cluster will offer Wales and the UK," said Circuit of Wales CEO Martin Whitaker.
"The circuit aims to provide much more than a racing facility; it will be a 365-day leisure and business destination.
"The support we have received to date from the racing, automotive and investment communities emphasises the circuit's long-term role in boosting tourism, creating jobs and diversifying the local economy."
The Circuit of Wales, in the Ebbw Vale, has faced repeated delays since plans were announced in 2012.
It agreed a deal with MotoGP organisers to host the British Grand Prix from 2015, but Silverstone has remained as the venue, with the circuit set to hold the event once again in 2017.
In announcing the agreement with Extreme, officials confirmed that the circuit is scheduled to open in 2019, suggesting that Silverstone will again host MotoGP next year.
Construction has yet to begin at the venue, while last year it faced a setback when the Welsh Government refused to underwrite the project, labelling it an "unacceptable risk."