Irishman Richard Cregan has left his post at the Yas Marina circuit and is headed for a new role at the upcoming Russian Grand Prix.
The former Toyota team manager was previously the chief executive of the Yas Marina circuit, the track which plays host to the Abu Dhabi Grand Prix. Now though, he has signed a three-year contract with the Russian Grand Prix, which will hold its inaugural running in October of next year. Although no longer the chief executive, Cregan will hold an advisory position with Yas Marina.
“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,” Cregan said.
“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 said, “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.”
The Russian Grand Prix will be held on the 12th of October 2014.