Cost of Sochi track massively higher than estimated - report

  • Published on 26 Sep 2013 16:24
  • comments 0
  • By: Rob Veenstra
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 application date was missed. But Dmitry Erofeyev, also representing the promoter Omega, said Sochi will be on the 2014 calendar. "When the calendar is published, you will see our grand prix there, even without an asterisk," he said. (GMM)

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BEGrand Prix of Belgium

Local time 

World Championship standings 2024

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2 2024
Bahrain
7 - Mar 9 2024
Saudi Arabia
22 - Mar 24 2024
Australia
5 - Apr 7 2024
Japan
19 - Apr 21 2024
China
3 - May 5 2024
United States of America
17 - May 19 2024
Italy
24 - May 26 2024
Monaco
7 - Jun 9 2024
Canada
21 - Jun 23 2024
Spain
28 - Jun 30 2024
Austria
5 - Jul 7 2024
United Kingdom
19 - Jul 21 2024
Hungary
26 - Jul 28 2024
Belgium
23 - Aug 25 2024
Netherlands
30 - Sep 1 2024
Italy
13 - Sep 15 2024
Azerbaijan
20 - Sep 22 2024
Singapore
18 - Oct 20 2024
United States of America
25 - Oct 27 2024
Mexico
1 - Nov 3 2024
Brazil
22 - Nov 24 2024
United States of America
29 - Dec 1 2024
Qatar
6 - Dec 8 2024
United Arab Emirates
-
United Arab Emirates
See full schedule

Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
29 - Mar 2 2024
7 - Mar 9 2024
Saudi Arabia Jeddah Street Circuit
22 - Mar 24 2024
Australia Albert Park
5 - Apr 7 2024
19 - Apr 21 2024
3 - May 5 2024
United States of America Miami International Autodrome
17 - May 19 2024
24 - May 26 2024
Monaco Monte Carlo
7 - Jun 9 2024
21 - Jun 23 2024
28 - Jun 30 2024
Austria Red Bull Ring
5 - Jul 7 2024
United Kingdom Silverstone
19 - Jul 21 2024
Hungary Hungaroring
26 - Jul 28 2024
23 - Aug 25 2024
Netherlands Circuit Zandvoort
30 - Sep 1 2024
Italy Monza
13 - Sep 15 2024
Azerbaijan Baku City Circuit
20 - Sep 22 2024
18 - Oct 20 2024
United States of America Circuit of the Americas
25 - Oct 27 2024
1 - Nov 3 2024
Brazil Interlagos
22 - Nov 24 2024
United States of America Las Vegas Street Circuit
29 - Dec 1 2024
6 - Dec 8 2024
United Arab Emirates Yas Marina Circuit
-
United Arab Emirates Yas Marina Circuit
See full schedule
show sidebar