Formula 1 will not host races in Russia as contract is terminated

Formula 1 has released a statement amid the Russia-Ukraine crisis, stating that no races will hold in Russia in the future.

The sporting body stated that their contract with Russia had been terminated following the country’s invasion of Ukraine.

The sport’s commercial arm, which controls the calendar, has decided racing in Russia is impossible, and the events already scheduled for this year and next have been called off.

“Formula 1 can confirm it has terminated its contract with the Russian Grand Prix promoter meaning Russia will not have a race in the future,” it said in a statement.

The decision means F1 will not race in Russia for the foreseeable future – effectively, at least for as long as Russian President Vladimir Putin remains in power.

Read Also: Russia to drag FIFA and UEFA to court over football ban

The race in Sochi scheduled for September this year has already been cancelled. There will now no longer be a race in St Petersburg, where it was due to move in 2023.

Formula 1 is not the only sport placing sanctions on Russia following the war raging between the country and neighboring Ukraine.

World football governing body, FIFA as well as European football governing body, UEFA have both handed an indefinite suspension on Russian clubs and national teams.

The Russian Football Union has however threatened to drag the two international football bodies to court over the ban, which they consider inappropriate.

The Eagles International Tennis Federation has also called off future events billed to hold in Russia,however Russian players are allowed to still compete in tennis events.

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