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Russia's Sochi circuit set for new owners
The Sochi Autodrom, home to Russia's Formula 1 race, is set for a change of ownership. The track, built around the 2014 Winter Olympics infrastructure, is currently owned by the regional administration’s Center Omega venture, an entity which is controlled by the government of South Russia’s Krasnodar Territory, which also holds the race contract. A spokesperson for the enterprise told state news agency Tass that plans are taking shape for a new backer to take control. “The racetracks are being handed over, terms and conditions are currently being discussed,” the spokesperson said. Tass added that the Russian government is currently preparing legislation...
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7y ago from MotorsportWeek.com
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