Circuit of Wales teams up with Extreme Sports with an eye on £425mn facility near Ebbw Vale

Linkedin Twitter

Circuit of Wales

The Circuit of Wales announced last month that it has signed in Extreme Sports Company as its new business partner in its bid to build the £425 million facility near Ebbw Vale, Wales.

Extreme Sports runs events and has an online sports channel with a reach in 68 countries. As well as the motorbike circuit, new proposals include mountain bike trails, a BMX park, concerts and indoor skiing.

Extreme, which was launched in 1995, claims that its channel reaches 400 million people a month.

Alistair Gosling, chairman and chief executive of Extreme, has been quoted in media reports as saying: “With the growth and interest we are seeing in our sector, it is fantastic to announce this world-leading Extreme Destination, combining a never before seen collection of sports, entertainment and leisure experiences.”

The Circuit of Wales promises to create up to 6,000 jobs in the unemployment blackspot of Blaenau Gwent by building a track with hotels and business units. This proposes more sports and leisure, including trampolining, a skate park, virtual reality zone, surf park and stages for live music.

Martin Whitaker, chief executive of the Circuit of Wales, said: “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 partners claim the development could attract 750,000 visitors a year and inject an estimated £50 million into the Welsh economy annually.

The proposed project is expected to be discussed at length at the Coliseum Summit EUROPE, March 29-30, 2017 at Budapest, Hungary.

Continue to follow Coliseum Summit, a global series of stadium and arena business conferences, for latest updates from around the world.

Watch 150 member-exclusive videos with valuable tips for your venue

« Previous News:
» Next News:

More News

FC Cincinnati announces stadium naming rights

TQL crown on ‘Orange and Blues’ home

Published: April 22nd, 2021

The Major League Soccer team FC Cincinnati’s new home in the West End finally has a name: TQL... » Read more

Saudi Arabia Jeddah F1 track corner stone laid

Jeddah ‘gear’ up for Formula 1 spectacle

Published: April 22nd, 2021

The foundation stone for the 6,175m long Jeddah Formula One Circuit was laid on April 11th on the... » Read more

Australia Brisbane The Gabba will be home of 2032 Olympics

Queensland grandiose plans for the ‘Gabba’

Published: April 22nd, 2021

The ‘Gabba’ (Australia) is set to become the high point of the 2032 Olympic Games, hosting the... » Read more

Miami will join F1 calendar in 2022 with new track

Miami to throb with Formula 1 spectacle

Published: April 22nd, 2021

With the spanking new Miami Grand Prix all set to join the F1 calendar in 2022, Formula 1 is... » Read more

Receive global sports venue NEWS twice a week in your inbox