Russia is back in the race for a grand prix, with the picturesque city of St. Petersburg being touted as the potential venue.
The venture had gotten what looked to be a decent rolling start several years ago with several promising leads. Bernie Ecclestone visited Russia a couple times with an eye towards getting a Russian Grand Prix off the ground in either Moscow or St. Petersburg. Russian businessman Alex Shnaider had brought Formula One to the capital when his Midland F1 team unveiled its car outside the Kremlin in 2005, and fellow businessman Alexander Berezhnoy had put forward a plan in 2001 to build a new circuit to be called the Pulkovo Ring near the St. Petersburg airport. Since then, however, the proposal seemed to have fallen by the wayside.
Continues after the jump
[Source: GrandPrix.com]
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