If Formula 1 does not take place this year, Azerbaijan will not suffer material damage.

Arif Rahimov, the executive director of the Baku City Ring Road Operating Company, told Motorsport that
the current situation is a force majeure. "It's beyond our control," he said.
It is a case of force majeure not only locally, but for the whole world. The contract takes such cases
into account. If the race does not take place, our government will not lose money.
I think that the failure of the race in Baku will be a big loss of income for Formula 1. It will not
depend on us not to hold Formula 1. It is illegal to promote the race in the current situation. "

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It should be noted that the Azerbaijani Grand Prix was supposed to hold on June 5-7. Formula 1 has canceled two Grand Prix and postponed five due to a coronavirus pandemic.