Moscow to start construction on F1 track this week
We reported earlier this year that Hans Geist, formerly in charge of F1 projects in Austria and Bahrain, is to oversee the construction of Moscow Raceway, located 77 kilometers west of Moscow in the town of Volokolamsk.
The Hermann Tilke designed circuit, to bid for DTM and MotoGP races, is slated to be completed in 2010.
"The track will be designed to formula one standards. But the operator may not necessarily have a grand prix, even if the opportunity would be accepted if presented," Geist said earlier this year.
Russian media on Wednesday said the cost of the project is $215m (5.5 billion rubles).
09/30/08 Work to build a brand-new Formula 1 track near the city of Moscow will start on Wednesday. According to the Russian media the track 'Moscow Raceway', which is situated about 80 miles from Moscow, should be finalized in 2010.
German architect Hermann Tilke designed the track that will be build in a little town called Volokolamsk. Hans Geist, former manager of the A1-Ring in Austria and the Bahrain International Circuit, will lead the project in Russia.
The Moscow Raceway will be able to host both Formula 1 and MotoGP races.