Plans for a £6 million indoor electric go-karting centre have been unveiled by Bicester Motion.

In a deal with TeamSport, Bicester Motion plans to create a two-level track within 31,000 sq ft Hangar 137, a Grade II-listed building with access from Skimmingdish Lane.

The partnership will enable a £4m investment to the external fabric of the building and for TeamSport to deliver a new £2m state-of-the-art 500-metre track. A planning application has been submitted to Cherwell District Council.

Daniel Geoghegan, chief executive of Bicester Motion, said: “We warmly welcome TeamSport to Bicester Motion and our community. Being in the heart of Motorsport Valley and home to Motorsport UK’s HQ, the synergies are clear.

“Our estate is uniquely placed to offer this new experience for future young talent in Bicester and Oxfordshire and for the local community to enjoy and enable us to invest in sensitively restoring our much-loved hangar and secure its health for its second century.”

Dominic Gaynor, chief executive of TeamSport, said: “Our future talent starts on the go-kart track and for some time we have been looking to open in Motorsport Valley surrounded by the many F1 teams. Finding the right place and location were key and our new home at Bicester Motion is the perfect match.

“We will be providing an innovative and exhilarating new two-level track for everyone to enjoy and creating jobs in both the construction and operational phases. We look forward to progressing the planning application and starting work to deliver our latest adrenalin-filled indoor go-karting experience.”

Richard Morris represented TeamSport.

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