Silverstone has lost the contract to host the British Grand Prix of the MotoGP.
The event will take place at the Northamptonshire circuit next month.
But now a five-year deal has been signed to hold future meetings at the not-yet-built Circuit of Wales, which will be near Ebbw Vale in South Wales.
It will host its inaugural event in 2016 with MotoGP's official website suggesting next year's British Grand Prix could take place at yet another venue.
Since the beginning of the British motorcycle Grand Prix in 1977, only the courses at Donington and Silverstone have been used.
Silverstone has come to the end of its own five-year deal.
The Circuit of Wales could have its contract extended by a further five years if the deal proves to be a success, meaning Silverstone would have to wait until 2024 to bid again for the event.
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