Russian minister says GP still not cancelled by F1

Liberty had to speak out and condemn the violence of Vladimir Putin, but at the same time there is also a big financial interest. If the pinnacle of motorsport cancels the contract with the Russian GP, it will lose tens of millions and may even be fined.

Liberty Media would therefore prefer not to cancel the Grand Prix itself at this stage. They probably hope that another solution will be found in the coming period. Serafim Timchenko, the relevant minister, tells Tass news agency: "At this moment the ministry has not received any official letters about the cancellation of the races."

The Russian further explains that it is wait and see for now."We can only rely on official statements in the media. Let's hope that by September the situation will change and we can throw ourselves back into the world of Formula 1 as usual." However, the chances of that happening seem very slim.