News Details
Cost of Russian Grand Prix massively over budget
Cost of Russian Grand Prix massively over budget 26 September, 2013 Russian GP site in Sochi The final cost of the project to take Formula 1 to Russia was massively higher than was first estimated.
The Russian business daily Vedomosti reports on Thursday that, instead of 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...
Full Story »
Full Story »
12y ago from GrandPrix247.com
0
You May Also Be Interested In...
Cost of Russia GP almost doubled
The final cost of the project to bring formula one to Russia was massively...
12y ago from GrandPrix.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
Race versus testing debate rumbles on
Even as teams debate the continual escalation in the cost of competing in...
12y ago from Crash.net
Webber remains motivated despite recent comments
SINGAPORE, September 19th, 2013 (F1Plus / Jacob Polychronis) - Mark...
12y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
Construction moving forward at Buenos Aires for...
No description available...
1h ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
6h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
7h ago from MotorsportWeek.c...
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
4d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
5d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Alan Shearer makes bold Premier League title...
Newcastle United legend Alan Shearer believes that Arsenal will find it...
6h ago from SportsKeeda.com
Southampton social media brutally trolls Arsenal after...
Southampton’s social media team has added salt to the wounds of the...
6h ago from CaughtOffside.com
Arsecast Extra Episode 689 – 05.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
5h ago from Arseblog.com
Mikel Arteta takes full responsibility for Arsenal's...
Arsenal boss Mikel Arteta attributed the team's 2-1 FA Cup quarter-final...
7h ago from SportsKeeda.com
Comments
Hottest News
Ayrton Senna produces Easter miracle with in Donington's...
On Easter Sunday in 1993, F1 witnessed one of... Read More »
1h ago from MotorsportWeek.com
Mekies: ‘We all agree’ F1 must bring back flat-out...
Red Bull team principal Laurent Mekies has made... Read More »
1h ago from F1i.com
Red Bull reveals why it is so far behind the competition in...
Red Bull is paying a heavy price for a decision... Read More »
3h ago from MotorsportWeek.com
