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The Welsh Government’s Initial Funding of the Circuit of Wales Project

This report sets out the key matters relating to the Welsh Government’s management of its initial financial support package for the Circuit of Wales project.

The report concludes that to date, the Welsh Government has provided over £9.3 million to support initial development of the ambitious Circuit of Wales project, but there have been significant shortcomings in how the Welsh Government has managed the associated risks to taxpayers’ money.

 

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