Formula One has terminated its contract with the Russian Grand Prix official promoter Ano Rosgonki, it said in a statement Thursday, reports NBC News.
Ending the contract
“Formula 1 can confirm it has terminated its contract with the Russian Grand Prix promoter,” it said. “It means Russia will no longer have a race in the future.”
In a statement on Thursday, Ano Rosgonki said that it’s performing its refund obligations in full.
Russian grand prix cancelled
Formula One’s governing body, FIA, had announced last week that the Russian Grand Prix 2022 would be cancelled, and with it, the race scheduled in Sochi for September. On Tuesday it had said Russian and Belarusian racers could compete under a neutral flag.
“The FIA is watching the developments in Ukraine with sadness and shock and I hope for a swift and peaceful resolution to the present situation,” the FIA president Mohammed Ben Sulayem said on Tuesday.
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Source: NBC News
