Following on from the recent announcement by Donington Park regarding the failure to meet an agreement, and subsequent cancelling of the 2015 MotoGP on August 30 at the Leicestershire circuit, the Circuit of Wales has issued the following statement: “The Circuit of Wales is disappointed to have been unable to reach a contractual agreement with Donington Park Racing Limited (DPRL) to host the British round of the 2015 Motorcycle Grand Prix World Championship.
“After initially agreeing Heads of Terms with the board of DPRL in September 2014, both parties were subsequently unable to agree further terms to form a legal contract. Contrary to claims by DPRL that the Circuit of Wales is unable to meet the funding arrangements, we are unwilling to provide the significant funding that DPRL required for the necessary track upgrades to host the British Grand Prix without a signed contractual agreement. We have all of the funding necessary in place to promote and host the 2015 race in the UK. All funding for the flagship Circuit of Wales regeneration development in Blaenau Gwent is on track with works due to start later this year following the outcome of the public inquiry in March.
“The Circuit of Wales will continue to promote the British round of the FIM MotoGP™World Championship and is fully committed to delivering the event later this year.”
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