Donington Park has been announced as the global HQ for Formula E, the FIA’s new global electric motor-racing series.
Additionally, two teams - fronted by Hollywood A-lister Leonardo Di Caprio and Virgin supremo Richard Branson respectively - will use the circuit for their testing and development work.
Dozens of civil engineers and technicians have begun work on the new build, with around 150 highly technical racing engineers set to be working on site from May.
The Leicester and Leicestershire Enterprise Partnership (LLEP) contributed a £3.65m loan facility towards the £5.7m scheme to ensure the circuit was selected by Formula E.
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Soldiers from the Mercian Regiment will parade in Nottingham later.
A good deal of cloud but for many a dry day.
Bright morning across southern parts, after a chilly start, but thicker cloud in the northwest will push southeast during afternoon.