http://www.bikesportnews.com/news/news-detail/welsh-assembly-pull-plug-on-circuit-of-wales-backing

It was totally immoral (if not illegal) for public money to be spent on the project in the first place.

Therefore, it was always going to fail. As a result, the £325,000,000 promised by Aviva is looking doubtful too.

I seem to remember saying this sometime ago.