Listen to this article The FIA Formula 2 and Formula 3 team had been sponsored by the company since 2016, the CEO of which is Dmitry Mazepin, father of former Formula 1 driver Nikita. But they ran without Uralkali branding during last week’s pre-season testing in Bahrain as the Russian invasion of Ukraine continued. On Tuesday, they confirmed the agreement had been terminated, adding that they were “shocked and saddened” by the invasion and wished for a “swift and peaceful end” to the conflict. In a statement, the team said: “Hitech Grand Prix has elected to terminate, with immediate effect, the sponsorship agreement of Uralkali. “As with the rest of the motorsport community, the team are shocked and saddened by the invasion of Ukraine and wish for a swift and peaceful end to the ongoing conflict.” Uralkali became a major team partner of the Silverstone-based team when Mazepin d …

Read more…….