BARCELONA, Spain -- Formula One has cancelled September's Russian Grand Prix following Russia's military invasion of Ukraine.
Russian troops continued their advance into Ukraine on Friday, which has caused widespread condemnation and sanctions from world leaders.
F1 CEO Stefano Domenicali and the bosses of the 10 teams discussed the status of the race on a call on Thursday evening.
On Friday, F1 confirmed the race -- scheduled for Sept. 25 -- will be not go ahead.
A statement said: "We are watching the developments in Ukraine with sadness and shock and hope for a swift and peaceful resolution to the present situation. On Thursday evening Formula 1, the FIA, and the teams discussed the position of our sport, and the conclusion is, including the view of all relevant stakeholders, that it is impossible to hold the Russian Grand Prix in the current circumstances."
The wording of the statement prompted speculation the race might still go ahead this year if the situation changes.
In a statement of its own, the promoter of the Russian Grand Prix, Rosgonki, hinted that same thing.
"The purchased tickets are not cancelled," the statement said. "There is no need to get refunds for them now because it is still possible that the round will take place and will be held as previously scheduled."
However, multiple sources from F1 have told ESPN the race will not go ahead regardless of what happens over the next few months.
F1 will likely try to fill the slot on the calendar with another race.
The Russian Grand Prix was added to the F1 calendar in 2014 following a deal struck between Vladimir Putin and former F1 boss Bernie Ecclestone.
Putin handed out trophies on the podium to the top three finishers in 2014 and 2015.
On Thursday, four-time world champion Sebastian Vettel said he would boycott the event if it went ahead.
F1 is hosting preseason testing at Barcelona's Circuit de Catalunya this week. American team Haas is taking part in Friday's running in a plain white car, having taken the decision to drop branding from its Russian backers Uralkali.
Uralkali signage has also been removed from the team's motorhome and trucks in the paddock.
Uralkali founder Dmitry Mazepin, father of Haas driver Nikita, was one of the business leaders who met Putin at the Kremlin in Moscow on Thursday to discuss the sanctions imposed on Russia. Mazepin and Uralkali are currently not part of those sanctions.
Haas will decide on the future of Nikita Mazepin and the Uralkali sponsorship next week.