“Since its opening in 2012, the racing track complied with all international standards concerning safety and infrastructure that enabled the racing track outside Moscow to host races of all high levels as well as to provide test laps for F1 racing cars,” the statement said.
“Following three successful international racing seasons and the necessary improvements a logical and expected increase of status took place and from now on in line with FIA sports regulations Russian Grand Prix can be also held at the Moscow Raceway track,” the statement added.
The Moscow Raceway speed track is located to the northwest of Moscow in the Volokolamsk district. The track was constructed under the project proposed and supervised by F1 famous track designer Hermann Tilke and with a total lap length of 3,955 meters (2.46 miles) its width varies between 12 and 21 meters (39-69 feet). An estimated maximum speed for F1 cars at the track is over 300 kph (186 mph).
Earlier this month Russia held its first ever F1 racing on its soil and the inaugural Russia Grand Prix took place on October 10-12 in Sochi, a coastal resort city on the Black Sea.
Over 166,000 people, including at least 500 high-ranking guests from Russia and abroad, were reported to visit Sochi over the racing weekend for the long-anticipated event.
Live television coverage of the race in Sochi, which was provided by Russia’s Rossiya-2 channel, watched 3.4 million people across Russia and it was three times as many comparing with the figure of Russian viewers watching on the average other F1 Grand Prix races.
Last December the International Automobile Federation (FIA) officially announced the calendar of the 2014 Formula One races, and the Grand Prix in Russia’s Sochi was scheduled for October 12 as the 16th out of 19 F1 Grand Prix races this year.
The contract to include Russia in the calendar of F1 racing for the 2014-2020 period was signed in 2010 in Sochi by then-Prime Minister Vladimir Putin and F1 chief executive Bernie Ecclestone.
About three weeks after the contract was signed Putin, known for his avid support of sports development in Russia, gunned down a F1 bolide on a race track outside Russia’s second largest city of St. Petersburg.
In what can be called the ‘fastest president in the world,’ he reached a speed of 240 kmph (150 mph). His racing lap added to his previous motorized stunts, which included piloting fighter jets and strategic bombers as well as riding Harley Davidson motorcycles with Russian bikers.