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| £325m Circuit of Wales plans in Ebbw Vale pass last hurdle | £325m Circuit of Wales plans in Ebbw Vale pass last hurdle |
| (35 minutes later) | |
| Plans for a £325m motor racing track, business park and hotels in Blaenau Gwent have passed the final planning hurdle. | Plans for a £325m motor racing track, business park and hotels in Blaenau Gwent have passed the final planning hurdle. |
| The Welsh government has given final approval to deregister common land to allow the project to be built at a site in Rassau, Ebbw Vale. | The Welsh government has given final approval to deregister common land to allow the project to be built at a site in Rassau, Ebbw Vale. |
| Backers, including Blaenau Gwent council, have offered 320 hectares (800 acres) of replacement land. | |
| The firm behind the project said it would regenerate the area. | The firm behind the project said it would regenerate the area. |
| A Welsh government spokesman said deputy minister for farming and food, Rebecca Evans, had granted permission to deregister the land at Trefil Las and Twyn Bryn-March Common in Ebbw Vale, subject to a conditions. | |
| Developer Heads of the Valleys Development Company (HOTVDC) said the approval was a "positive milestone" and would lead to improved maintenance and access to the replacement common land. | |
| Chief executive Michael Carrick added: "The Circuit of Wales has the ability to generate thousands of employment opportunities, attract greater long-term investment and deliver regeneration into Blaenau Gwent and south Wales." | |
| The development aims to create 6,000 jobs and is set to host the MotoGP from 2017. | |
| HOTVDC has said it has Asian financial backers for the project, which has a £200m private finance target to get started. | |
| The rest of the money is expected to come from Welsh government support and local authorities. |