English: Can I thank the Member for his questions and just stress that, again, this is not a disappointing announcement, given that the Circuit of Wales have agreed to secure the majority of risk from the private sector in order to take this forward? If we step back to the origins of the proposal, when we were first presented with the Circuit of Wales vision, it was on a basis of no risk falling on the taxpayer's purse. It subsequently went to the point where my predecessor was asked to underwrite 100 per cent of the risk. That was unacceptable. We have now been able to cast a fresh pair of eyes, in the form of myself, over the proposals. However, my predecessor had said that the level of risk had to come down considerably. The Circuit of Wales fundraising plans are still a work in progress, and the timeline for a formal application rests with the Circuit of Wales. I have now given them a steer on value for money, as was requested. So, I have determined that we need to reduce that level of risk down below 50 per cent and ensure that it is a private sector project. In terms of work that will take place to ensure that there is regeneration in the Valleys, my colleague Alun Davies is leading a ministerial taskforce to ensure that we exploit every opportunity to regenerate the Valleys, to ensure that we give every person in the Valleys an opportunity to gain quality employment as close as possible to where they live, so that people are proud of their communities, that people see their communities in the ascendance, not in decline. In terms of the jobs that could be created, as I've already stated, there is a business case that proposes a certain number of jobs to be created during the construction period, a further set of jobs that will be guaranteed as a consequence of the circuit operating, but then an additional estimate of 6,000 jobs that would be created through attracting key players from the automotive sector, and, of course, hospitality to the racing track. This is not a disappointing decision today. What I have done is outlined how I have been able to reduce the risk attached to the taxpayer's guarantee of this important project. But, as I've said, the Circuit of Wales have stated that they are able to work to the principle I've outlined of 50 per cent - no more - risk for the public purse.
Welsh: A gaf fi ddiolch i'r Aelod am ei gwestiynau a phwysleisio, unwaith eto, nad yw hwn yn gyhoeddiad siomedig o ystyried bod Cylchffordd Cymru wedi cytuno i warantu'r rhan fwyaf o'r risg o'r sector preifat er mwyn symud hyn yn ei flaen? Os awn yn ôl i darddiad y cynnig, pan gyflwynwyd gweledigaeth Cylchffordd Cymru i ni gyntaf, gwnaed hynny ar y sail na fyddai unrhyw risg i bwrs y trethdalwr. Yn dilyn hynny symudodd i bwynt lle y gofynnwyd i fy rhagflaenydd danysgrifennu 100 y cant o'r risg. Roedd hynny'n annerbyniol. Rydym bellach wedi gallu edrych ar y cynigion gyda phâr newydd o lygaid, sef fy rhai i. Fodd bynnag, roedd fy rhagflaenydd wedi dweud bod yn rhaid i lefel y risg ostwng yn sylweddol. Mae cynlluniau codi arian Cylchffordd Cymru yn dal i fod yn waith ar y gweill, a Cylchffordd Cymru sydd i benderfynu ar yr amserlen ar gyfer gwneud cais ffurfiol. Rwyf bellach wedi rhoi arweiniad ar werth am arian iddynt, fel y gofynnwyd amdano. Felly, penderfynais fod angen i ni ostwng y lefel o risg yn is na 50 y cant a sicrhau ei fod yn brosiect sector preifat. O ran gwaith a fydd yn digwydd i sicrhau bod adfywio yn y Cymoedd, mae fy nghyd-Aelod Alun Davies yn arwain tasglu gweinidogol i sicrhau ein bod yn manteisio ar bob cyfle i adfywio'r Cymoedd, i sicrhau ein bod yn rhoi cyfle i bob person yn y Cymoedd gael gwaith o safon mor agos â phosibl i ble y maent yn byw, fel bod pobl yn falch o'u cymunedau, a'u bod yn gweld eu cymunedau yn ffynnu nid yn dirywio. O ran y swyddi y gellid eu creu, fel y nodais eisoes, ceir achos busnes sy'n cynnig nifer penodol o swyddi i'w creu yn ystod y cyfnod adeiladu, cyfres arall o swyddi a fydd yn cael eu gwarantu yn sgil gweithredu'r gylchffordd, yna 6,000 amcangyfrifedig o swyddi ychwanegol a fyddai'n cael eu creu drwy ddenu chwaraewyr allweddol o'r sector modurol, a lletygarwch wrth gwrs, i'r trac rasio. Nid yw hwn yn benderfyniad siomedig heddiw. Yr hyn rwyf wedi ei wneud yw amlinellu sut y llwyddais i leihau'r risg sydd ynghlwm wrth warant y trethdalwr ar gyfer y prosiect pwysig hwn. Ond fel y dywedais, mae Cylchffordd Cymru wedi datgan eu bod yn gallu gweithio yn ôl yr egwyddor a amlinellais o 50 cant - dim mwy - o risg i'r pwrs cyhoeddus.