Rumor Rating Description
A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
A rumor rated as 'false' is one that has proven to be false based on new information
These rumors are just that, RUMORS, and are not to be taken as 'fact' unless so noted.  Please visit our Hot News page for news.  If you have a rumor, or can supply more information about one listed here, e-mail us with as much supporting information as possible and we may post it. User Agreement and Disclaimer. Newer rumors supersede older ones of the same topic.  Go to our forums to discuss any rumor.
for your iPhone
for your iPad

2018 NASCAR Silly Season Page | 2018 F1 Silly Season Page | 2018 IndyCar Silly Season Page

Go to our forums to discuss this news
DATE News (chronologically)
Cost of Russia GP almost doubled - report
(GMM)  The final cost of the project to bring formula one to Russia was massively higher than first estimated.

The Russian business daily Vedomosti reports on Thursday that, instead of EUR 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 organizational dispute between the promoter and Russia's sanctioning body had meant a key FIA race application date was missed.

But Dmitry Erofeyev, also representing the promoter Omega, said Sochi will be on the 2014 calendar.

"When the calendar is published, you will see our grand prix there, even without an asterisk," he said.

Rumors Archives
2000 2001 2002 2003
AutoRacing1 Inc. BBB Business Review

Search Rumors
Search Help

Banner 10000012