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Russian GP signs new deal until 2025
Russian Grand Prix organisers have signed a new deal that will keep the Formula 1 race at Sochi until 2025. Following discussions that began with Bernie Ecclestone at last year’s race about extending its old contract, which ran until the end of 2020, Sochi chiefs have finally concluded a five-year extension. The decision by Russia to agree a new deal comes against the backdrop of a change in F1 ownership under Liberty Media, and has been helped by the securing of a long-term title sponsor for the race – VTB Group. The new title backer means that the race promoter fees are no longer being paid by the Russian government. Speaking to Motorsport.com, Russian GP promoter Sergey Vorobyov...
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8y ago from Motorsport.com
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