News Details
Cost of Russia GP almost doubled
The final cost of the project to bring formula one to Russia was massively higher than first estimated.
The Russian business daily Vedomosti reports on Thursday that, instead of EUR 142 million, the race track project at Sochi actually cost 260 million.
The figure was confirmed by Guennadi Saienko, representing the race promoter Omega Center.
"It (the original figure) was a rough calculation, not taking into account many of the necessary requirements of the designer, the company Tilke GmbH, which has supervised the construction," he said.
It had also been claimed recently that an organisational dispute between the promoter and Russia's sanctioning body had meant a key FIA race...
Full Story »
Full Story »
12y ago from GrandPrix.com
0
You May Also Be Interested In...
Ferrari switches most of its focus to 2014
Ferrari haven't quite conceeded defeat in 2013, but team principal Stefano...
12y ago from TheF1Times.com
Teams ‘screwed up’ by ditching unity in financial...
F1 team bosses admitted that they had missed an opportunity to both...
12y ago from Crash.net
Marussia: Not able to bring it all together in the...
Marussia: Not able to bring it all together in the final qualifying run...
12y ago from GrandPrix247.com
Webber struggling to keep motivated in final F1 races
Webber struggling to keep motivated in final F1 races 20 September, 2013...
12y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 riders left amazed by Valentino Rossi's...
No description available...
8h ago from Motorsport.com
Marc Marquez’s remains cautious as recovery...
No description available...
10h ago from Motorsport.com
Cal Crutchlow gets Misano test as potential Johann...
No description available...
14h ago from Motorsport.com
Pramac MotoGP team announces arrival of Ross Brawn to...
Pramac has announced that former Formula 1 team boss Ross Brawn has...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Barnes: A few thoughts on the schedule surrounding the...
No description available...
57m ago from Motorsport.com
Former F1 racer Takuma Sato on the strategy to win the...
Anything can happen over the course of a 500-mile oval race — and, in...
3h ago from MotorsportWeek.c...
Santino Ferrucci “wish we had the week off” for...
No description available...
5h ago from Motorsport.com
Winners and losers from the 110th running of the...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hankook reveals plans for new 2027 WRC tyres, plus...
No description available...
13h ago from Motorsport.com
Takamoto Katsuta: “There is no question, it is full...
No description available...
1d ago from Motorsport.com
Toyota “nervous” of Hyundai threat ahead of WRC...
No description available...
1w ago from Motorsport.com
The mental challenge WRC leader Elfyn Evans faces at...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
CL final predictions: Arsenal can go from nearly-men...
Arsenal face Paris Saint-Germain in the Champions League final and by...
6h ago from SkySports.com
Jack Wilshere explains why Arsenal are well placed to...
Former Arsenal star Jack Wilshere explains why Arsenal are well placed to...
7h ago from SportsKeeda.com
Arteta ready to take final step on Arsenal’s 20-year...
decades of disappointment followed Parisian nightmare of Lehmann, Eto’o...
7h ago from TheGuardian.com
Premier League 2025-26 review: the team of the season
no Fernandes, Elliot Anderson and Igor Thiago join a number of Arsenal and...
9h ago from TheGuardian.com
Comments
Hottest News
F1 boss makes Las Vegas final race decision
F1 CEO Stefano Domenicali has opened up about... Read More »
3h ago from GPFans.com
F1 MATHS: What the fastest lap times reveal about the...
Andrea Kimi Antonelli’s fourth consecutive... Read More »
1h ago from F1Technical.net
Aston Martin star used a live bug in a matchbox to decide...
Is it time McLaren F1 team invested in their own... Read More »
2h ago from GPFans.com
