A PLAN to build one of the best racecourses in the world near a North-East town will go ahead despite no money being in place, its creator pledged yesterday.
Lord Zetland conceived the idea to build a new racecourse near Redcar two years ago.
Despite failing so far to raise the millions of pounds needed, he vowed never to give up yesterday.
He said: "I'm afraid we are still looking for initial funding but we remain hopeful and determined. This is a long-term project, we are determined and we will succeed."
The racecourse would include a small theme park, casino, hotel and concert venue and would cost up to £150m.
The proposed 537-acre site at Dunsdale Farm, two miles from Redcar, would replace the existing racecourse which has operated since 1872.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article