Amidst claims the event could yet be cancelled, promoters of the forthcoming Russian Grand Prix at Sochi say preparations for the event are on schedule.At the weekend, a number of media outlets reported that the continuing situation in Ukraine could yet lead to the cancellation of the inaugural Russian Grand Prix, one British politician claiming that should the current sanctions against Russia escalate hosting the event could prove extremely difficult.“If a new round of tougher sanctions is introduced, Formula One may find it impossible to put on a race because of restrictions on the flow of cash,” Sir Richard Ottaway, chairman of the House of Commons foreign affairs select...
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