The race fee for the Russian Grand Prix will be paid for by a group of private companies from now on, according to Russian news agency Rambler. This season will see the race held at Sochi for the fourth consecutive season, but the decision as to whether it returns next year will belong to the private companies now funding the race as the government have capped the amount of money they are willing to spend on the race. Russian deputy prime minister Dmitry Kozak confirmed about ten investors will pay a contribution to the fee, with oil company Lukoil, finance bank VTB, and aluminium company Rusal the major investors. President Vladimir Putin has attended the race every year, and enjoyed a good relationship with former CEO Bernie Ecclestone. It has been suggested Ecclestone’s removal by Liberty Media may have helped the government’s decision to limit funding, but disappointing crowd numbers last year could also have played a part. For more Formula One news and discussions head over to the RaceDepartment Formula One sub forum and join in with your fellow community members. Would you be sad to see Sochi go? Let us know in the comments below!