FIA reduces budget cap after Russian Grand Prix fails to be replaced
The budget cap has been reduced due to the expenses that will no longer be spent as a result of the news that the Russian Grand Prix will not be replaced in 2022.
The budget cap has been reduced due to the expenses that will no longer be spent as a result of the news that the Russian Grand Prix will not be replaced in 2022.
The Russian Grand Prix, which was scheduled to take place in September, will not be replaced, according to Formula One.
Following Formula One’s unilateral decision to remove Russia off the yearly grand prix schedule, Russian GP organizers are not ruling out legal action following the untimely contract termination.
Formula 1 will no longer race in Russia after it terminated its contract with the Russian Grand Prix race’s promoters.
F1 has canceled The 2022 Russian Grand Prix stating that it is impossible to hold the event due to the current situation in Ukraine.
Following Russia’s invasion of Ukraine, Formula 1 teams will gather this evening to debate whether the Russian Grand Prix should take place as planned in September.
F1 fans have suggested that the 2022 race schedule be changed due to Russian tensions with Ukraine.