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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.”
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