1 of 1
Story summary
- Teams prepare for the Miami Grand Prix after the Bahrain (April 12) and Saudi Arabian (April 19) races were cancelled.
- Cancellations cut $100 million in hosting fees, 26.7 percent of the sport’s $3 billion revenue.
- Jet fuel in Asian markets rose over 70 percent to $200 per barrel, double pre-war levels, prompting cost-cap rise to $215 million.
- Racing Bulls warned any return of the cancelled rounds would need a calendar reshuffle before December 6.
