Cregan leaves Yas Marina for new role with Russian GP
30 December, 2013
Yas Marina Circuit chief executive Richard Cregan has departed the venue of the Abu Dhabi Grand Prix and heading for a new role with the Russian Grand Prix at Sochi.
The Irishman, former team principal with the Toyota F1 team, is said to have signed a three year deal with the Russian Grand Prix organisers, who are preparing to hold the country’s inaugural F1 race on 12 October 2014.
Cregan, who will retain an advisory position with Yas Marina Circuit, said, “Moving on from Abu Dhabi was a tough decision for me but I have always enjoyed a new challenge and remain an advisor to the chairman and management there.”
“I am convinced that the F1 Russian Grand Prix will become one of the iconic events in the Formula 1 calendar and we will be able to build a very successful business by utilising the amazing assets and the passion of the team here in Sochi.”
Russian Grand Prix promoter, Oleg Zabara commented, “The combined, impressive experience that the international consultants have, their understanding of the Formula 1 world, and the desire to do the F1 Russian Grand Prix at the highest level guarantee a good result of our teamwork.
“The knowledge and experience which we will get in the course of this co-operation will ensure not only the hosting of a world-class grand prix, but also effective use of the autodrome in Sochi all year round.” (GP247)
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