The effects of the conflict in Russia and Ukraine in Formula 1

02/24/2022

Act at 13:19

CET


Russia’s attack on Ukraine this morning, with unpredictable consequences at this point, has had an effect on stock markets around the world and in many other areas. Also Formula 1. To the point that the managers of the championship have had to spread a statement to refer to the possible cancellation of the Russian Grand Prixscheduled for the month of September, while the team American-owned and Russian-sponsored Haas it is also in a situation of extreme uncertainty right now.

Russia has disappeared from the official Formula 1 ticketing website, but Liberty Media has assured that they have no news to report on the race: “Formula 1 is closely following developments around the Russian Grand Prix, as are the of other events, and at this time he has nothing to comment on the race scheduled for September. We will continue to monitor the situation very closely, “they point out the statement, although rumors are already circulating that Istanbul Park could take over if the test Russian is suspended.

Mick Schumacher and his Russian partner Nikita Mazepin They are participating these days at the wheel of the Haas in the pre-season tests of the Circuit de Barcelona-Catalunya. For now, the team leader Guenther Steiner It has been ‘erased’ from the team managers’ press conference scheduled for today and it doesn’t seem that its drivers are going to make any statements either.

Its main sponsor Uralkali has registered a sharp decline in the Stock Market. In addition, the president of the company, Sergei Chemezovis on the sanctions list of Joe Biden, President of the United States. One of the possible sanctions is to prevent deals between Russian and American companies, which would directly affect the economy of Haas.

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