Tuesday, 22/8/2017 | 4:51 CEST
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Work on Tenerife’s motor circuit halted

Work on the long awaited motor circuit for Tenerife has been halted due to financial difficulties on the part of the concessionary company, according to the Cabildo which said it is evaluating technical and judicial alternatives.

The total investment required for the project is 38.8 million euros, including private funding of 23.6 million euros.  The company, Onda Rossa, says it is trying to solve the problem.

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