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Formula 1 CEO sees no more racing in Russia

The contract for the Russian Grand Prix "Formula 1" was terminated due to the situation in Ukraine

MOSCOW, August 19. /TASS/. Formula 1 won’t hold racing competitions in Russia, its CEO Stefano Domenicali said on Friday, Sky Sports reported.

"I always say never say never, but in this case, I can promise: We will not have any more negotiations with them. There will be no more racing there," he was quoted as saying.

Formula 1 tore up the Grad Prix contract with Russia over the situation in Ukraine. The circuit has been held in Sochi since 2014 and was set to move to the region around St. Petersburg starting in 2023.

The Grand Prix contract was poised to expire in 2025.