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Asolica > Blog > Finance > F1 delivers devastating information on two Center East Grands Prix
Finance

F1 delivers devastating information on two Center East Grands Prix

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Last updated: March 16, 2026 3:47 am
Admin
16 hours ago
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F1 delivers devastating information on two Center East Grands Prix
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The 2026 Components 1 (F1) season is already underway, with the opening races accomplished in Australia and China.

Contents
  • F1 confirms the cancellation of Bahrain and Saudi Arabia Grands Prix
  • Bahrain and Saudi Arabia Grand Prix organizers reply
  • Will the Bahrain and Saudi Arabia Grands Prix be rescheduled?
  • Will followers obtain ticket refunds?
    • Bahrain Grand Prix 2026
    • Saudi Arabia Grand Prix 2026
  • F1’s world impression and Center East presence
    • High three 2025 Grand Prix attendance figures
    • Center East 2025 Grand Prix attendance
  • The profitable enterprise of F1

Because the championship calendar strikes ahead, consideration has now shifted to the Center East, the place rising geopolitical tensions have forged uncertainty round two of Components 1’s upcoming occasions, the Bahrain Grand Prix and the Saudi Arabia Grand Prix.

Whereas races throughout Europe, Asia, and the Americas proceed as deliberate, the security of groups, drivers, and spectators within the Gulf area has turn out to be a rising concern.

Latest retaliatory strikes and escalating regional conflicts have prompted occasion organizers and motorsport officers to reassess whether or not the Grands Prix in Bahrain and Saudi Arabia can nonetheless be held safely.

The 2 races kind a part of the early-season Center East leg, working from April 10-12 in Bahrain and April 17-19 in Saudi Arabia, in accordance with the F1 occasion calendar.

Following weeks of uncertainty, F1 has now decided relating to the occasions that many followers had been dreading.

F1 confirms the cancellation of Bahrain and Saudi Arabia Grands Prix

F1 has formally canceled the Bahrain and Saudi Arabia Grands Prix for the 2026 season.

F1 CEO Stefano Domenicali confirmed the choice throughout a press convention on Could 14.

“While this was a difficult decision to take, it is unfortunately the right one at this stage considering the current situation in the Middle East,” stated Domenicali within the press convention.

“I want to take this opportunity to thank the International Automobile Federation (FIA) as well as our incredible promoters for their support and total understanding as they were looking forward to hosting us with their usual energy and passion. We cannot wait to be back with them as soon as the circumstances allow us to do so.”

FIA President Mohammed Ben Sulayem stated the security of the F1 neighborhood is a prime precedence.

“After careful consideration, we have taken this decision with that responsibility firmly in mind. We continue to hope for calm, safety and a swift return to stability in the region, and my thoughts remain with all those affected by these recent events.”

TheStreet reviewed the official announcement and press convention supplies on F1’s web site.


Components 1 formally cancels Bahrain and Saudi Arabia Grands Prix for 2026.

Sona Maleterova/Getty Photos

Bahrain and Saudi Arabia Grand Prix organizers reply

Organizers in Bahrain and Saudi Arabia stated they understood the choice and reiterated their dedication to their partnerships with F1.

“We look forward to welcoming fans from all around the world back to Bahrain when F1 returns,” stated Sheikh Salman bin Isa Al Khalifa, CEO of the Bahrain Worldwide Circuit (BIC). “On behalf of all of us at BIC, I take this opportunity to offer our sincere thanks to all those in the F1 community who have taken the time to send us messages of support.”

“Fans across the Kingdom were once again looking forward to the Formula 1 STC Saudi Arabian Grand Prix in Jeddah this April, but we understand the considerations behind this decision and remain in close partnership with Formula 1,” added HRH Prince Khalid bin Sultan Al-Abdullah Al-Faisal, chairman of the Saudi Vehicle and Bike Federation (SAMF) and the Saudi Motorsport Firm (SMC).

Will the Bahrain and Saudi Arabia Grands Prix be rescheduled?

F1 confirmed that the canceled Bahrain and Saudi Arabia occasions will not be rescheduled.

“Due to the ongoing situation in the Middle East region, the Bahrain and Saudi Arabian Grand Prix will not take place in April,” reads an official assertion on the F1 web site. “While several alternatives were considered, it was ultimately decided that no substitutions will be made in April.”

The cancellation additionally impacts F2, F3, and F1 Academy rounds deliberate for a similar race weekends.

Will followers obtain ticket refunds?

Organizers in each international locations have offered updates on refund insurance policies for ticket holders.

Bahrain Grand Prix 2026

Followers who bought tickets by the official BIC web site shall be provided both a full refund or a credit score redeemable for a future F1 Bahrain Grand Prix.

Directions shall be despatched on to the ticket holder through electronic mail, and followers can contact BIC for added help.

Saudi Arabia Grand Prix 2026

For tickets bought by the official Saudi Arabian GP web site, refunds shall be issued mechanically to the unique cost methodology.

The method ought to take between 10 and 21 working days, and no request submission is required.

F1’s world impression and Center East presence

F1’s world fan base reached 827 million in 2025, representing 12% year-over-year development, in accordance with the Components 1 2025 Season in Numbers report.

Though race attendance within the Center East is decrease than in different areas, it stays a strategically essential market.

High three 2025 Grand Prix attendance figures

  • British Grand Prix: 500,000, in accordance with F1 2025 season numbers
  • Australian Grand Prix: 465,500 attendees, per F1 2025 season numbers
  • Mexico Metropolis Grand Prix: 401,300, in accordance with F1 2025 season numbers

Center East 2025 Grand Prix attendance

  • Abu Dhabi: 203,000, in accordance with GP Locations
  • Qatar: 163,000, as GP Locations reported
  • Bahrain: 105,000, in accordance with GP Locations
  • Saudi Arabia: No official numbers disclosed since 2023, when the determine stood at 150,000, per GP Locations

The profitable enterprise of F1

F1’s complete sponsorship income is predicted to improve 15% in 2026, exceeding $3 billion, the most recent Ampere Evaluation research revealed.

The expansion displays F1’s transformation from a standard motorsport into a world media, leisure, and advertising platform.

Extra F1 Enterprise Information:

  • Why F1’s sponsorship increase is nearing $3 billion
  • Why Cadillac determined to work with a trend icon
  • Luxurious model shares shocking F1 partnership
  • Costco quietly provides one thing F1 followers didn’t anticipate

Owned by Liberty Media Company (LLYVK), F1 generated income of $3.9 billion by year-end 2025, up 14% 12 months over 12 months, pushed by sturdy partnerships and digital promoting development.

“F1 once again delivered an exceptional year, with the sport firing on all cylinders across growth, engagement, and commercial momentum. We renewed with multiple long-term existing partners and signed several new marketing partners,” stated Liberty Media CEO Derek Chang in an earnings name.

Sportswear and trend sponsorship spending has surged by 75% over the previous two years, with at the very least seven main new offers starting in 2026 alone.

Ticket costs additionally replicate the game’s premium positioning. Basic admission can vary from $150 to greater than $2,000, whereas ultra-VIP experiences can exceed $20,000, relying on the race location, in accordance with SeatGeek.

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