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Formula 1 terminates contract with Russian GP promoter
Formula 1 has permanently terminated its contract with the promoter of the Russian Grand Prix, insisting the sport will no longer race in the country in the future. F1 commercial rights holder Liberty Media held a deal with Russian Grand Promoter Rosgonki that ran until 2025. But wave of sanctions against Russia that have followed its invasion of Ukraine have led to the contract's unilateral cancellation. The move comes in the wake of F1's swift decision to scrap this year's race in Sochi from the sport's calendar. "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," read a statement from...
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