Clean Break: the company completely halting Russian engagements or exiting Russia

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Formula One - The commercial rights of Formula One are controlled by Formula One World Championship Limited (FOWC), which enters into agreements with broadcasters. Formula One Licensing BV holds the rights to the Formula 1 trademarks. Formula One Management (FOM) is the main operating company of the group.

 
 
 
 
 

Clean Break: the company completely halting Russian engagements or exiting Russia

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Glob.Revenue, mln.USD
2136
The Company Statement
March 03, 2022

Terminates contract with Russian Grand Prix

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Statements Archive
February 28, 2022https://www.formula1.com/en/latest/article.formula-1-terminates-contract-with-russian-grand-prix-promoter.5geFNbONEePwRCSQj25Xg3.html#:~:text=Formula%201%20can%20confirm%20it.2022%20in%20the%20current%20circumstances.
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