Formula One won't race in Russia this year after Ukraine invasion
'It is impossible to hold the Russia Grand Prix in the current circumstances' F1 said in a statement Friday
Brands on Russia's Putin: Economic sanctions don't speak to the issues that significantly motivate him
American Enterprise Institute senior fellow Hal Brands discusses Russian President Vladimir Putin's decision making as tensions escalate in the Ukraine.
Formula One says it is "impossible" to hold a race in Russia later this year following Russia's invasion of Ukraine.
Fans watch as cars approach turn one during the F1 U.S. Grand Prix auto race at Circuit of the Americas, on Oct. 24, 2021, in Austin, Texas. (AP Photo/Darron Cummings, Pool / AP Newsroom)
F1 had scheduled a race in Sochi on Sept. 25.
"We are watching the developments in Ukraine with sadness and shock and hope for a swift and peaceful resolution to the present situation," F1 said in a statement Friday. "Formula 1, (governing body) the FIA, and the teams discussed the position of our sport, and the conclusion is, including the view of all relevant stakeholders, that it is impossible to hold the Russian Grand Prix in the current circumstances."
CLICK HERE TO READ MORE ON FOX BUSINESS
Russia pressed its invasion of Ukraine to the outskirts of the capital Friday after unleashing airstrikes on cities and military bases and sending in troops and tanks from three sides.