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Sorry to break the news to you but there's been a slight error...

Gwyndaf Jones, Chief financial officer for the Rhondda valley got his decimal point in the wrong place...they've secured £31.50 of funding

i know nothing, just popped up in the feed this morning. figured i would share it.

who even wants to go to wales? whales? wails? whiles? wills? willski?
 
who even wants to go to wales? whales? wails? whiles? wills? willski?

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Oooh that's below the belt, mentioning myself and that 'superstar' in the same sentence...
 
Can we all crash in Arrib's granfolks cottage by the the sea and have gruel for breakfast?
 
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Wait for the rain...you will see them coming out of the watery asphalt...of .... it's raining already...bollocks
 
apparently they are starting construction in February this year.
That gives them 18 months to be ready for the 2017 gp.
I call ........ it will be ready, it took COTA 18 months in Texas who has 40 days rain or so a year. Compared to Wales that has if lucky 40 days of sunshine a year.
They're gonna build it for what?
The remaining two races on their contract.
I cannot see the business sense
 
Reading that article sounds like nothing is in place actually, more like 'hopefully this then that.' Regardless, the next two UKGPs will not be held at "COW" which would leave then two left on their contract. The closer they get to 5 the least likely it gets done, unless Carmelo extends himself another 5 years. This whole thing is very odd.

The same language was being used when they initially signed to host a race. Here it is 2 years later and they haven't broke ground yet. I bet it never gets built.
 
Funny the text says 6000 jobs but does not define them as 'full-time' as the call-out does. 6000 ft jobs is an insane estimate. Also read elsewhere that there is no indication whether Aviva will be fully funding or seeding...
 
Exactly. Like I say, I work in a place that has about 1800 full time staff and it is a huge factory that runs 24/7 and covers 1.5million sq feet.

Look at most race circuits except for big race weekends. They have a skeleton staff and look desolate. Sure, they may get some companies there in industial units and some auto manufacturers using the track for testing. They may get probably a dozen people running the karting track full time and then say 30 people running a hotel..so I say maybe 100-200 full time jobs if that!

The other issue is, they are likely to be tied up in court battles with MSV and the BRDC because both Silverstone and all of MSV's (Owned by Jonathan Palmer) circuits have been refused government funding and assistance in the past, whereas COW is supposedly getting a £30m loan from the Welsh government.
 
How the hell do they get the figure of 6000 PERMANENT jobs there? What other motor racing circuit in the world, even with incorporated industrial parks, employs 6000 people?!

Perhaps Valentino is planning to relocate his entire merchandising operation there...much like when he went incognito in London but forgot to tell the taxman.
 
Interesting to note that Assen Circuit has just 18 full time employees....
 

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