Formula One RIP UP £37m-a-year agreement with Russian GP promoters and ban ALL future races after invasion of Ukraine

FORMULA ONE have ripped up their agreement with the Russian Grand Prix promoters and say the country will NOT have a race in the future. It was worth around $50million a year to F1 – who have acted swiftly following Putin’s invasion of Ukraine. It comes after Motorsport UK chief, David Richards, prevented Russian and Belarusian drivers from racing in the UK, including at the British GP. But it has been confirmed that Mazepin will NOT be able to take part in this year’s British Grand Prix at Silverstone after Motorsport UK. “We stand united with the people of Ukraine and the motorsport community following the invasion and the unacceptable actions that have unfolded.

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