Discussions with ministers
Talks on £425m motorcycle circuit on hold
A proposal to build a £425 million motorcycle circuit in Scotland has failed to take off after those behind the plan took the matter no further.
The Scottish Government confirmed to Daily Business that “tentative discussions” took place to create a so-called “Circuit of Scotland”.
Those talks came to nothing and the idea has been shelved “at present”.
The idea emerged from long-running plans in South Wales where an original proposal has been frustrated by delays.
There are suggestions it would inject £50 million into the economy and create 6,000 jobs around Ebbw Vale, but the project has still to get approval six years after being proposed.
The Heads of the Valleys Development Company, which is behind the project, said it had held talks with “other devolved administrations” but details of these talks were confidential.
A Scottish Government spokesperson confirmed that talks had taken place but nothing was currently active.
In a statement, it said: “The Scottish Government was approached by motorsport interests and initial, tentative discussions took place on Scotland’s potential to attract motorsport related investment opportunities.
“However, to date, no proposal has been submitted to Scottish Ministers or our agencies for our consideration and we therefore have no plans at present to progress with a similar scheme to that proposed for Circuit of Wales.”