Jul.28 (GMM/Inautonews.com) The promoter of the Russian grand prix is hoping Daniil Kvyat can challenge for victory at Sochi later this year.

Earlier in July, reports circulated that the Sochi race this year could collapse as organisers hold out for a 64 million euro government bailout amid a deep economic crisis.

But race promoter Sergey Vorobyev does not sound concerned, especially after Red Bull’s Russian driver Kvyat scored his first podium finish last Sunday in Hungary.

“Daniil is a driver with very great potential,” he told the Russian news agency Tass. “It is good that we are now starting to see it.

“I hope that in Sochi he will be able to fight for the victory,” Vorobyev added.