Complex sentence: It will be the sixteenth round of the 2014 season, marks the first Russian Grand Prix in a century, and will be the first time the race has been run as a round of the Formula One World Championship since its formation in.
Split into simpler sentences: It will be the sixteenth round of the 2014 season, and marks the first time that the Russian Grand Prix has been held in a century. The 2014 race will also be the first time the Russian Grand Prix has been run as a round of the Formula One World Championship since its formation in.