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Circuit of Wales race track could receive £30m from Welsh government

11 March 2014 Last updated at 14:46 GMT

BBC Wales has discovered that the Welsh government is considering investing up to £30m in the new circuit of Wales race track in Ebbw Vale.

But questions are being asked about whether the track can be built in time to win a contract for an international motor racing event, seen as vital to the future of the development.

Tim Rogers reports.