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Ferrari's Carlos Sainz Jr. during the race at the Russian Grand Prix in Sochi Autodrom in Russia last year. Image Credit: Reuters

London: Formula One has terminated its contract with the Russian Grand Prix following the country’s crisis with Ukraine, saying on Thursday that Russia “will not have a race” in the future.

F1 already cancelled this year’s race, which had been scheduled to be held in Sochi on September 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.