Russian Prime Minister and former president, Vladimir Putin, is a man of great influence. Whenever he says something, people tend to listen.

So when Putin told investors that an agreement has been signed for Russia, particularly the city of Sochi, to host at least seven Formula One GPs, you can pretty much take that to the bank.

According to Ria Novosti, a state news agency, Putin was on hand to tell investors during a meeting at Sochi that “an agreement with the organizing company has been reached to host the 2014 Russian Grand Prix at the Black Sea resort town." Incidentally, Sochi will also be hosting the 2014 Winter Olympics.

Formula One boss Bernie Ecclestone added: "I sincerely hope that the Formula One is going to play a big part in what I can see happening in Sochi. I’m sure the circuit can be a super circuit. It’s all the things we need and wanted, and we are very happy."

Putin added that plans to build a world class racing circuit at the Black Sea resort city would need the organization of a management company, which Putin stressed should be comprised of private national companies. A number of companies have already come forward in investing for the 200 million race track, including oil company Lukoil, the state-run Rostekhnologil, and cell phone carrier Megafon,.

While the return of Formula One in Russia is already signed, sealed, and delivered, the hope for most Russians is to eventually field a Russian team in the world’s most prestigious racing series.

Russian supercar maker Marussia has already bared its plans of entering Formula One in 2012 and if all things fall into place, we could very well see a Russian outfit racing in its home race two years later.


Source: Yahoo UK

Kirby Garlitos
Automotive Aftermarket Expert -
Kirby’s first exposure into the world of automobiles happened when he caught Knight Rider on television as a five-year old boy. David Hasselhoff didn’t leave much of an impression on him (that happened later on in Baywatch), but KITT certainly did. To this day, Kirby remains convinced that he will one day own a car with the same ‘spirit’ as the original KITT (not the 2008 monstrosity). He doesn't know when that will be, but until then, he’s committed to expressing his love for KITT, and all cars for that matter, here at TopSpeed.  Read More
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  (858) posted on 03.21.2011

Just recently the opening of Bahrain Grand Prix has move their opening because of the political crisis their. So Australia Grand Prix was also moved.

  (648) posted on 10.21.2010

That pic is a caption waiting to happen.

  (806) posted on 10.21.2010

yes of course the Formula one would give a big part of the rally industry.

  (329) posted on 10.18.2010

He’s premier/prime minister. Medieval is the President but Putin is still pretty high up the chain of command.

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