Sochi is looking to extend its contract in order to keep hosting the Russian GP in 2021 and beyond. However, Andrey Kostin – the president of the Russian GP title sponsor VTB Bank – is now reporting that the issue of extending Sochi’s contract is set to be discussed. “We believe this is an important international competition, which is important to be held in Russia and also seriously increases the interest in Russian motorsport,” he added. “The issue of extending the contract will be discussed, but at the moment it is a bit early to talk about it,” said Kostin.

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