Ecclestone in Russia for GP contract signing 14 October, 2010 Bernie Ecclestone Oct.14 (GMM) Bernie Ecclestone is in Russia on Thursday for a ceremonial signing of a seven year formula one race contract. Earlier, it emerged that Russian president Vladimir Putin has travelled to the resort city Sochi to approve the plans for a $200m circuit and to sign F1 chief executive Ecclestone’s race promotion contract. But the state owned Ria Novosti news agency, and the Vedomosti business daily, said 79-year-old Briton Ecclestone is also in Sochi for the signing. Officials of the local Krasnodar Krai authorities confirmed the reports. The inaugural race is slated for 2014. Tweet http://www.last.fm/group/Formula+1 Bec And remember Sochi is in Europe, only just but it’s still in. So that’s another European race … I think Turkey is for the chop.