He doesn't understand the way state-aid rules work. Normally, when state-aid rules are breached, it’s the recipient that pays back, not the Government. From our perspective, we will assess the situation to see that the risk is acceptable. Two things that have to be made about the Circuit of Wales: firstly, the auditor general has not said that this is a project not worth supporting, nor has the auditor general said that the Circuit of Wales is a business organisation with no assets, contrary to his own MP, David Davies, and what he has said. Yes, in the course of the development of the Circuit of Wales, there is an assessment of risk. Decisions are taken to accept that risk if deemed necessary and then, of course, we move on to see if the Circuit of Wales can become a reality. That is what Governments do: to look at risk and make sure that risk is acceptable, because, ultimately, the prize might be one that is worth having. We’re not at that stage yet; we’re still working to see whether the Circuit of Wales can produce that sustainable model.