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Russia GP set for Igora Drive switch in 2022
May 1 This year's Russian GP could be the last one held at Sochi. According to Russian business daily Delovoy Petersburg, the plans to relocate the Formula 1 race to a new circuit in Leningrad Oblast – Igora Drive – have been submitted to parliament. The bill calls for tax exemptions for services related to the relocated race until 2025 – the existing term of the Russian GP contract with Formula 1. In an explanatory note attached to the bill, it explains that the measures 'take into account the possible transfer of the venue for the Russian round of the FIA Formula 1 World Championship'. A source close to the moves reportedly told the newspaper: 'There are plans to...
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2y ago from OneStopStrategy.com
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