Formula 1 cancels races in Bahrain and Saudi Arabia
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Formula 1 says it is watching the conflict in the Middle East after Iran launched a wave of retaliatory missile and drone strikes Saturday against United States military bases in countries that will host F1 races,
Comment: The decision to cancel races in Bahrain and Saudi Arabia next month will cost the sport around £100m – but F1’s strong financial footing means the impact will be kept to a minimum