Formula One has terminated its contract with the Russian Grand Prix following the country's invasion of Ukraine, saying that Russia "will not have a race" in the future.
F1 already canceled this year's race, which had been scheduled to be held in Sochi on Sept. 25. But following further discussions this week, F1 went a step further and ended a contract which ran until 2025.
"Formula 1 can confirm it has terminated its contract with the Russian Grand Prix," F1 said in a statement. "Russia will not have a race in the future."
Four-time F1 champion Sebastian Vettel and several other drivers said last week they would not have raced in Russia even if F1 had decided to go there.
The decision means Vladimir Putin will miss out on seeing any races on a brand new purpose-built track that was due to host Formula One in his home town of St Petersburg from 2023. The track, named Igora Drive, reportedly cost NZ$395m.