Donington Park's future as a race track will be secured and work to reopen it is under way, according to the family which own it.
Kevin Wheatcroft was speaking for the first time since businessman Simon Gillett's multi-million-pound plans to upgrade the track fell apart, leading to 40 job losses and casting doubt on its continued existence.
As worries over the mothballed track grew, over the weekend, almost 2,000 motor racing fans signed up to a social networking group dedicated to saving Donington Park.
After reading details of the campaign, Mr Wheatcroft, whose family own the venue, has been moved to speak out.
"I can reassure people we are doing everything we can to get things back to normal at Donington Park," said Mr Wheatcroft, who worked there alongside his father, Tom, for almost 32 years.
"It has been a very difficult time for the whole family, especially with the death of my father being played out against the problems at the circuit."
Tom Wheatcroft's son, Kevin, said: "We were given back the keys to the circuit and immediately started to work out what happens next.
"The first thing has been to try to save as many jobs as possible.
"As of this week, we have re-opened the museum and cafe and race control office."
Distressingly for Mr Wheatcroft large sections of the circuit were dug up last year as work started in anticipation of Donington Ventures finding the money to create a Grand Prix standard venue.
He said: "We have been assessing what is required to put things back as they were. We reckon this will cost in the region of about £600,000, but to get it up to Grand Prix standard you could add a couple of '0's. We want to get the place operational again.
"We owe it to the many people who have been loyal to us throughout this, including the fans, the race and rally organisers and our staff.
"We never ceased to be amazed by the level of love people have for this place and no-one has shown it more than the people signing up to the social networking group."
