BLAENAU Gwent’s AM said he is confident a way forward for Ebbw Vale's Circuit of Wales can be found in the coming weeks.
Alun Davies AM has also appealed to objectors not to hold the project up.
Mr Davies said: "I have been a strong supporter of this project for over three years. I believe that this could be a transformational project.
"In the last day or so I have discussed the matter with the Welsh Government, Blaenau Gwent council and Natural Resources Wales.
"I understand the Welsh Government has a duty to ensure the correct processes are followed and that any decision to go ahead with the project will not be subject to further challenge.
"I understand how this can sometimes be frustrating and difficult for people who are eager to see the project take shape but it is essential to get everything in place if we want to move forward quickly."
Mr Davies said he was confident an agreement between the developers and Natural Resources Wales could be found "over the coming weeks."
"The Circuit of Wales enjoys huge popular support in Blaenau Gwent. It is striking that the vast majority of objections to it come from people with little or no connection with Blaenau Gwent," he continued.
"I would appeal to all those people who have made these objections to recognise how important this project could be for the people in this borough and to work positively with the statutory authorities to resolve those objections."
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