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Russian F1 circuit construction on target
Officials for the first ever Russian Formula 1 race say that construction workers are continuing make good progress. The Sochi venue, set to host its inaugural Grand Prix in 2014, will also be home to that year’s Winter Olympics.

“It's well on track,” Dmitry Chernyshenko, President of the Sochi organizing committee, is quoted as saying by Reuters on Tuesday.

He went on to add that the race will complement the Games, as opposed to fears claiming the opposite

“It's a great project in terms of creating the additional legacy and to fulfill the Olympic Park with the post-Games activities. This is a great attraction to speed up and attract the potential owners of the commercial property that will be built.

“We are going to build about 20,000 rooms for the Games, some will be apartments. They should be on sale with some clear reason why people should buy them - such regular events like Formula 1 will attract the commercial buyer.”

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