Just finished uploading my photos from this. The event had a really good turn out, and for the first time I can remember this year we had sunshine!
Looks like the funding is available from various investors, but doesn't look like there'll be any racing this year. Earliest date for having an operational circuit was autumn if I remember correctly.
Pics here for anyone who's interested:
http://www.flickr.com/photos/43701995@N04/