NOVEMBER 27, 2002
Russia's Formula 1 project
Pulkovo is 10 miles south of St Petersburg and probably best known because of the Central Astronomical Observatory of the Russian Academy of Sciences, which was established in 1839 and was a leading observatory for more than a century. It is also the home of the city's airport, Construction plans for a racing circuit were approved by Russian President Vladimir Putin in May 2001 with a budget of $60m to build a track able to accomodate 150,000 spectators. The track itself would be 2.5 miles in length.