LONDON, ENGLAND - JUNE 21:  Michael Carrick, CEO of Heads of the Valleys Development Company inspects a 3D model of The Circuit of Wales on June 21, 2013 in London England. The circuit is a GBP 280 million multi-purpose regeneration development in Ebbw Vale, Wales which received planning approval today July 10, 2013. It is estimated c.750,000 people will visit the completed facility each year and it is expected to generate GBP 50 million per annum for the UK economy. Further information can be found at (Photo by Ben A. Pruchnie/Getty Images for Circuit of Wales)