Plans for a race track in Ebbw Vale - that could host international motorsports - are due to be submitted this week.
The developers say they're confident that investment for the quarter of a billion pounds pounds project can be found and if it goes ahead it could bring thousands of jobs to the area.
Ed Foster is from 'Motor Sport Magazine'. He's skeptical of the idea, calling it a "bold plan". He said: "I think reality might set in."