World Touring Car Championship at Brands Hatch
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Ebbw Vale motor racing track firm raises £150m

15 August 2012 Last updated at 08:42 BST

A group behind plans for a new multi-million pound motor racing circuit near Ebbw Vale say they have now raised enough money to build the track.

People in the area are now being asked for their views on the plan for land at Rassau next to the heads of the valleys road.

But motor sport commentator Mark James told Good Morning Wales he was cautious about the new circuit.