JANUARY 23, 2003
Moscow gives up on Nagatino Island
The Moscow City government has given up any idea of holding a Formula 1 race on Nagatino Island and is turning over the land set aside for the track for a golf course, hotel and yacht marina. The government says that a racetrack will be built at Podolsk, about 20 miles south of Moscow but all the indications are that St Petersburg is much more likely to get a race.
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