Like the Member, I’m concerned that the circuit of Wales project has been publicly debated for many years without the team yet being able to raise the necessary private finance to bring the project to fruition. The proposals have changed, of course, over the years, since 2011. Last July, I made it clear what our position as a Welsh Government is. I stated clearly in this Chamber that we require a minimum of 50 per cent of the capital and 50 per cent of the risk of the project to be taken by the private sector. Should that happen, we will consider any new proposal against the appropriate value-for-money and due diligence tests. The people of Ebbw Vale, as the Member has already identified, deserve to know if this project is going ahead and, crucially, if so, when. I’m keen to avoid the opportunity costs associated with a project that does not have a final end date. So, I have therefore written to the Heads of the Valleys development corporation today, asking them to make faster progress on this project and asking for evidence to be provided to me of named investor term sheets within the next two weeks.