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 »
11y 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...
11y ago from GrandPrix.com
Teams ‘screwed up’ by ditching unity in financial...
F1 team bosses admitted that they had missed an opportunity to both...
11y ago from Crash.net
Race versus testing debate rumbles on
Even as teams debate the continual escalation in the cost of competing in...
11y ago from Crash.net
Webber remains motivated despite recent comments
SINGAPORE, September 19th, 2013 (F1Plus / Jacob Polychronis) - Mark...
11y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 Racing Team presents 2025 MotoGP livery
The VR46 Racing Team unveiled its livery for the 2025 MotoGP season at...
3h ago from MotorsportWeek.c...
KTM creditors file claims of 2.2 billion in court...
No description available...
1d ago from Motorsport.com
KTM's survival prospects improve with 900 million...
KTM's survival prospects have taken a positive turn following the news...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
1d ago from MotorsportWeek.c...
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
3d ago from MotorsportWeek.c...
Scott McLaughlin on track to repeat Supercars success...
After spending the last four years moving up the ranks in the NTT IndyCar...
2d ago from MotorsportWeek.c...
Christian Lundgaard hails ‘pure racing’ aspect of...
Christian Lundgaard is beginning his fourth full season driving in the...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Monte Carlo: Ogier extends lead, Fourmaux...
No description available...
4h ago from Motorsport.com
Monte master Sebastian Ogier leads after tricky Friday
Chasing his record-breaking 10th Rallye Monte Carlo victory, Sebastian...
19h ago from MotorsportWeek.c...
WRC Monte Carlo: Evans leads Ogier after drama strikes...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Supercomputer picks 2024/25 Champions League winner;...
No description available...
59m ago from SportsKeeda.com
Arsenal can sign ‘special' player with 10 goals...
Arsenal are looking to make attacking additions to the squad after the...
2h ago from CaughtOffside.com
Mikel Arteta explains Martin Odegaard, Mikel Merino...
Arsenal manager Mikel Arteta explains the reasons for Martin Odegaard and...
49m ago from SportsMole.co.uk
Real Madrid ready to pay big money for 'great player'...
Real Madrid are interested in signing the Arsenal defender William Saliba....
1h ago from CaughtOffside.com
Comments
Hottest News
Ferrari F1 star REMOVED in driver lineup change
A Ferrari star has been removed in a bizarre... Read More »
2h ago from GPFans.com
Revisited: Hamilton survives first major test crash - 'I...
Lewis Hamilton marked the start of his Ferrari... Read More »
2h ago from RacingNews365.com
FIA risking too much? The federation needs F1, not the...
With the news that drivers who verbally discredit... Read More »
59m ago from GPBlog.com
