NOVO-OGAREVO, October 3. /TASS/. Infrastructure in Sochi is ready to host the Formula One Russian Grand Prix and all the traditional teams will participate, Russian Deputy Prime Minister Dmitry Kozak said at President Vladimir Putin’s meeting with government on Friday.

“We are confident that Formula 1 Russian Grand Prix will be held at the highest level,” Kozak said, adding that 80% of tickets had been already sold.