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
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
11h ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
13h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
1d ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How to watch the IndyCar Grand Prix of Arlington:...
No description available...
29m ago from Motorsport.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
1d ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
1d ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg storms into Safari Rally Kenya lead
Kenya. Storms. Rain. Mud. With just two stages on Thursday’s itinerary,...
4h ago from MotorsportWeek.c...
WRC Safari Rally Kenya: Oliver Solberg heads Toyota...
No description available...
4h ago from Motorsport.com
Why Safari Rally Kenya will be more of a lottery than...
No description available...
12h ago from Motorsport.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal & Tottenham line up move for...
Arsenal and Tottenham Hotspur are reportedly interested in signing Marco...
59m ago from CaughtOffside.com
Arsenal & Chelsea eye 20 million-rated 'complete...
Arsenal and Chelsea are interested in signing Adri Mehmeti from the New...
1h ago from CaughtOffside.com
Arsenal vs Everton Prediction and Betting Tips | March...
Arsenal will entertain Everton at the Emirates Stadium in the Premier...
1h ago from SportsKeeda.com
Premier League clubs struggle in Champions League –...
six teams in the last 16, only two – Arsenal and Liverpool – look more...
1h ago from TheGuardian.com
Comments
Hottest News
Honda hit by historic $3.6bn disaster as Aston Martin F1...
Honda are experiencing difficulties away from F1... Read More »
2h ago from GPFans.com
Tech: The unique Ferrari ‘Macarena' F1 rear wing...
Motorsport Week has all the details on the... Read More »
2h ago from MotorsportWeek.com
Max Verstappen was a total savage in blunt two-word...
Four-time F1 champion Max Verstappen issued a... Read More »
1h ago from GPFans.com
