Home TRENDING F1 terminates Russian Grand Prix contract

F1 terminates Russian Grand Prix contract

The Russian Grand Prix’s contract has been terminated by Formula One. Following the invasion of Ukraine, the sport’s commercial arm, which controls the schedule, has concluded that racing in the nation is no longer conceivable. The race in Sochi, which was supposed to take place in September, has already been canceled. There will no longer be a race in St Petersburg, which was supposed to take place in 2023. In 2014, Russian President Vladimir Putin was instrumental in launching the event. Putin, who is still strongly affiliated with the event, has a palace near Sochi and is a native of St Petersburg.

“Formula One can confirm that its contract with the Russian Grand Prix promoter has been canceled, indicating that Russia will no longer host a race,” the statement added. The original agreement for F1 to race in Russia was reached in 2014 between President Vladimir Putin and Bernie Ecclestone, the sport’s then-CEO. The deal was supposed to last until 2025. In 2014 and 2015, Putin presented prizes to the top three finishers on the podium.
The Russian Grand Prix was due to relocate from Sochi Autodrom to the Igora Drive circuit outside St. Petersburg in 2023.The race was originally scheduled to take place in Sochi, where Putin has a palace, but was rescheduled for 2023 in Putin’s birthplace of St Petersburg. Putin has been photographed on numerous occasions on the podium, delivering the trophy to the victor. The Sochi Autodrom has hosted seven races, all of which have been won by Mercedes drivers. Lewis Hamilton is the most successful driver, having won five races, while Valterri Bottas, a former teammate, won in 2017 and 2020.
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