A development company called Heads of the Valleys, led by Michael Carrick, is working through the steps to build a 250-million-pound ($378M US) motorsports facility in Blaenau Gwent, Wales, about 33 miles due north of Cardiff. After more than a year of work so far, the latest success is that the Blaenau Gwent County Borough Council has given approval to the outline plan of the circuit.

Called the Circuit of Wales, the 830-acre site will be a "low carbon automotive center of excellence" that will comprise a 3.5-mile car track, motocross, karting and off-roading tracks, hotel and commercial and retail complexes. To fulfill the low-carbon bit, the facilities will also include an R&D park for entities exploring "the boundaries in environmental technology and energy solutions."

The plan is ultimately to host World Touring Car, MotoGP, World Superbikes and World Motocross. All of the facilities will be available to locals, a motorsports academy will assist new talent, and Welsh universities are expected to be able to tie their expertise in with the stakeholders in the technology park. The next step is for Heads of the Valleys to draw up and get approval for the detailed plan of the circuit.

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