The life of a Formula 1 team has become increasingly colourful and exotic over the years with the addition to the calendar of races across Asia and now a push into countries that were formerly part of the Soviet Union.

This year – if all goes to plan – the F1 teams will tip up in Sochi in Russia in the autumn, probably ignoring all international current affairs as usual and not apparently worrying what this does to the image of the F1 brand. The motivation has long been money before all else and this has suited the sport's boss, Bernie Ecclestone.

Now Bernie and officials in Azerbaijan say that the oil-rich former Soviet republic – which is on the shores of the Caspian Sea – will host a Formula 1 race in either 2015 or 2016. It appears the city of Baku, which has hosted a couple of GT races around its streets, will be the venue.