F1 could lose up to ₹1,800 cr as Bahrain, Saudi races get cancelled: Report

Formula One's Bahrain Grand Prix and Saudi Arabian Grand Prix won't take place in April due to the conflict in the Middle East, ​the sport announced on Sunday. According to an analyst report by Guggenheim, F1 could lose up to $200 million (around ₹1,800 crore) due to the cancellations. The races won't be rescheduled or replaced, as per the BBC.