After the railway was revived by L. T. C. Rolt and others it prospered and became a major Welsh tourist attraction and flagship to the infant Heritage railway movement.
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After his death his widow reached an arrangement with L. T. C. Rolt and his associates allowing them to lease the railway, which continues operating to this day.
FF ( Ferguson Formula) Developments Limited (FFD) was a British company founded by Major A.P.R. (Tony) Rolt to exploit 4WD technology, Rolt had worked as Technical Director at Harry Ferguson Research for many years.