Northern Ireland race circuit for sale
Northern Ireland’s Lake Torrent race circuit has been put up for sale.
The 2.2 mile (3.6km) circuit at Coalisland in County Tyrone was intended to bring 800 new jobs to the region and a £30 million development plan was approved in 2017. However, despite hopes that it could host a round of the World Superbikes Championship later this year, official receivers were appointed in October 2018.
The 163-acre site includes dozens of abandoned mineshafts and old clay pits, and was also previously used for brickmaking. It is understood that complications during the process of making these decommissioned industrial areas safe enough for construction work and the need to ship in topsoil to cover much of the site led to delays that were too great for the circuit to be ready in time for the 2019 season.
The official receivers, Keenan CF, have decided to sell the circuit and have appointed the commercial property firm O’Connor Kennedy Turtle to handle the sale. The future of further proposed development on the circuit’s site, including leisure facilities, business units, a cinema and a hotel, is also in doubt.
Have your say on our Facebook page.