Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Motor racing-Russian oligarch Mazepin causes a stir with F1 test visit
    Headlines

    Motor racing-Russian oligarch Mazepin causes a stir with F1 test visit

    Published by Global Banking & Finance Review®

    Posted on February 28, 2025

    2 min read

    Last updated: January 25, 2026

    Motor racing-Russian oligarch Mazepin causes a stir with F1 test visit - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insurancefinancial crisisfinancial stabilityinvestmentforeign currency

    Quick Summary

    Dmitry Mazepin's visit to F1 testing in Bahrain stirs controversy due to EU sanctions. His presence raises questions about his paddock access.

    Dmitry Mazepin's F1 Test Visit Sparks Controversy in Bahrain

    SAKHIR, Bahrain (Reuters) - Russian oligarch Dmitry Mazepin's appearance at Formula One's pre-season testing in Bahrain caused a stir and triggered questions on Friday about his presence in the paddock.

    Mazepin's son Nikita raced for the U.S.-owned Haas team before Russia invaded Ukraine in February 2022 and the deal was ended.

    Dmitry has been described by the European Union as "a member of the closest circle" of Russian President Vladimir Putin and remains on an EU sanctions list which his son was removed from last year.

    The EU sanctions do not apply in Bahrain and it was not known how Mazepin secured a paddock pass.

    "Dmitry was on a personal visit. He has remained friends with many people in the Formula One family and was happy to see them in Bahrain," ESPN quoted a representative of Mazepin as saying, without clarifying who provided the pass.

    Oliver Oakes, principal of the Renault-owned Alpine team whose Hitech junior teams were backed by Mazepin before Russia's invasion of Ukraine, told reporters he had said hello to the oligarch.

    "Yes, he's a friend of mine, yes I used to be together with him in Hitech. He was here catching up with another friend of his. It's nice to see him. I'm not going to go into that, the world's a crazy place," he said.

    Haas terminated a sponsorship contract with Russian potash producer Uralkali, then controlled by Mazepin, in 2022 and repaid the balance last year after legal action and a visit by bailiffs at the Dutch Grand Prix.

    (Reporting by Alan Baldwin, editing by Ken Ferris)

    Key Takeaways

    • •Dmitry Mazepin attended F1 testing in Bahrain, causing controversy.
    • •His presence raises questions due to EU sanctions.
    • •Nikita Mazepin previously raced for Haas before the Ukraine invasion.
    • •EU sanctions do not apply in Bahrain, allowing Mazepin's visit.
    • •Haas ended sponsorship with Mazepin's company, Uralkali, in 2022.

    Frequently Asked Questions about Motor racing-Russian oligarch Mazepin causes a stir with F1 test visit

    1Why did Dmitry Mazepin's visit to Bahrain cause a stir?

    Mazepin's presence at Formula One's pre-season testing raised questions due to his status as a sanctioned Russian oligarch and his connections to President Vladimir Putin.

    2What is the status of Dmitry Mazepin's sanctions?

    Dmitry Mazepin is on the EU sanctions list, but these sanctions do not apply in Bahrain, which raises questions about how he secured access to the F1 paddock.

    3What was the reaction from the F1 community regarding Mazepin?

    Oliver Oakes, principal of the Alpine team, acknowledged that he greeted Mazepin and noted their past friendship, indicating that Mazepin remains connected to the F1 community.

    4What happened to Nikita Mazepin's racing career?

    Nikita Mazepin raced for the U.S.-owned Haas team until the team terminated his contract following Russia's invasion of Ukraine in February 2022.

    5How did Haas team respond to their sponsorship with Uralkali?

    Haas terminated its sponsorship contract with Uralkali, which was controlled by Mazepin, in 2022 and repaid the remaining balance after legal actions.

    More from Headlines

    Explore more articles in the Headlines category

    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected arson hits Italian rail network near Bologna, police say
    Suspected arson hits Italian rail network near Bologna, police say
    Image for Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    View All Headlines Posts
    Previous Headlines PostPope Francis had 'isolated' breathing crisis in hospital, Vatican says
    Next Headlines PostUK sets up innovation hub to boost defence sector and growth