“On Thursday night, Formula One, the FIA [International Automobile Federation] and the teams [World Cup participants] discussed the position of our sport and the conclusion was, considering everyone's opinion, that it is impossible to organise the Russian Grand Prix under current conditions," the group said in a statement.
The organisers of F1 said that they are following “with sadness and amazement the developments in Ukraine” and expressed hope “for a quick and peaceful resolution of the situation”.