The future of Donington Park appears bright once more after its owners announced that it could be hosting motorsport again by August, ThisisDerbyshire.co.uk reports.

For a time it was feared that the famous racing venue would never reopen after closing for the second time in its history when its owners went into administration last autumn.

But this latest development, announced by Kevin Wheatcroft, son of the track’s late owner Tom, has raised hopes of a Donington revival.

"We wanted to reassure fans that we are still working hard to get things up and running again. We have already drained the tunnel under the circuit and moved the top soil back on to the circuit," said Mr Wheatcroft.

"But the main work replacing the track will start in May and hopefully be finished in August. Providing we obtain the necessary racing licences then we will see racing again before the end of the year."

In October last year, Formula One commercial rights holder Bernie Ecclestone revealed that Donington would not be hosting the 2010 British Grand Prix.

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