Work at Sochi, which will host the Russian Grand Prix in 2014, is progressing well, with work on the construction of the Race Control centre and pits facility, now entering the final stage.

"The construction of the track in Sochi is going into high gear," said Alexander Bogdanov, CEO of Formula Sochi. "The 5854 m long circuit is one of the longest in the Formula One World Championship. The autodrome will also host different racing series such as FIA GT World Series, FIA WEC, WTCC, Formula 3, and Russian national championships. We are also working through the possibility of hosting motorcycle racing of highest level: Moto GP, World Superbike, and others.

"More than a thousand engineering personnel and workers and 110 units of construction machinery are involved in the construction by OJSC "Center of "Omega", the developer of the Russian circuit. All the work is aimed at achieving the best quality of the future racing track. Control over construction is performed by designing company Tilke GmbH and Russian experts.

"Summing up 2012 results, it is safe to say that the company Formula Sochi gets into gear in the preparation of the Russian stage of Formula 1 Grand Prix, which includes the enhancing of working relations with international promoter. Close coordination with the group of Formula 1 companies headed by Bernie Ecclestone gives us a confidence that the Russian Grand Prix will be organized on time and at a high level.

"Together with Omega and Formula Sochi we are deeply involved in the Russian Grand Prix project and we are glad that all works are going according to schedule considering the large amount of coordination necessary with the Olympic construction," added Hermann Tilke. "There is no doubt that the circuit will meet all the requirements for Formula One and maybe also for the Moto GP. The circuit is going to be very fast and technical and offering a number of interesting features. It is a fantastic facility with a great atmosphere and it will be outstanding as the circuit will run through the Olympic Park. I am very optimistic about the future of the unique race track in Sochi and am looking forward to a triumphant start of Formula 1 in Russia."

The circuit's integration into the Olympic Park infrastructure being built for the 2014 Winter Olympics is one of the key features of the Russian racing track. Many massive Olympic venues are already built, some sport facilities have been put in commission, while the motorsport venue is in the active phase of construction. Construction crews are making good progress with the preparing of ground works and laying of asphalt coat; indeed, the first layer of pavement has been laid in some areas.

The track, which runs in a clockwise direction and consists of 12 right and 6 left turns, will be a great combination of speed and technical sections. The car will reach a maximum speed of 321 kph (200 mph) on the straight between the first and second turns. The average lap speed is 215 kph (133 mph).