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2013-01-26 15:07

TRACK FOR THE FUTURE? Russian sources say this artist's impression of a racetrack for Sochi will be the home for seven years for a Russian F1 GP.

Gennady Fyodorov

MOSCOW, Russia - A Russian Grand Prix - the country's first Formula 1 race - will be held in Sochi in November 2014 despite delays in constructing the circuit.

The city's mayor Anatoly Pakhomov said: "It will be held in November, after the (2014 Winter) Olympics."

'ALL GOING TO PLAN'

Last year Russian media reported sources within the Russian Automobile Federation as saying work on the $200-million project had been stopped. Pakhomov, however, dismissed any doubts about construction being completed on time.

"The circuit's construction is being closely monitored by the regional government," he explained. "Everything is going according to plan. If we had any problems we would have asked for help from other regions."

Russia signed a seven-year deal in 2010 with F1 supremo Bernie Ecclestone for a GP in the Black Sea resort from 2014 until 2020.

Sochi will also host the Winter Olympics in February 2014.

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