F1 chief Bernie Ecclestone backs Russian President Vladimir Putin 's way of working . Sochi hosts Russia 's inaugural grand prix in October 2014 . Sochi GP CEO Oleg Zabara says $ 100 million spent on circuit . Track opened in 2010 ` ` was a big hole , '' says German car designer Hermann Tilke .
F1 chief Bernie Ecclestone backs Russian president Vladimir Putin 's way of working . Sochi hosts Russia 's inaugural grand prix in October 2014 . Sochi GP promoter Oleg Zabara says $ 330 million spent on circuit . Track site in 2010 `` was a big hole , '' says German track designer Hermann Tilke .