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Formula One cancels Russian Grand Prix following invasion of Ukraine
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Formula One cancels Russian Grand Prix following invasion of Ukraine
LONDON: Chelsea Football Club owner Roman Abramovich was on Thursday hit with an assets freeze and travel ban as part of new UK government sanctions targeting seven Russian oligarchs.Among others sanctioned are leading industrialist Oleg Deripaska, Rosneft chief executive Igor Sechin and the head of Gazprom Alexei Miller, the government announced.Speculation has swirled for weeks about whether Abramovich would be included on the targeted action against Russian billionaires perceived to be close to the Kremlin.Abramovich announced last week that he was selling Chelsea, after buying the English Premier League side in 2003, and bankrolled its successes at domestic and European level.The UK government estimated his net worth at $12.2 billion (£9.4 billion), but said it was mitigating the effect of the sanctions on Chelsea by allowing the club to continue to operate.A special license “authorizes a number of football-related activities,” the government said in a statement.“This includes permissions for the club to continue playing matches and other football-related activity which will in turn protect the Premier League, the wider football pyramid, loyal fans and other clubs,” it added.Deripaska is Abramovich’s one-time business partner, while officials described Sechin as Russian President Vladimir Putin’s “right-hand man.”The four others — Miller, VTB bank chairman Andrey Kostin, Transneft president Nikolai Tokarev and Bank Rossiya chairman Dmitri Lebedev — are part of his inner circle,Collectively, the seven have a net worth of about £15 billion, the statement read.Prime Minister Boris Johnson called the sanctions “the latest step in the UK’s unwavering support for the Ukrainian people.”Foreign Secretary Liz Truss added:
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Formula One cancels Russian Grand Prix following invasion of Ukraine
Formula One cancels Russian Grand Prix following invasion of Ukraine
Formula One cancels Russian Grand Prix following invasion of Ukraine
Daniil Medvedev, who will contest his first tournament as world number one at the Indian Wells ATP Masters, says he's matured since his loss to Rafael Nadal in the Australian Open final. In the wake of his crushing loss to the Spanish star in Melbourne -- where Nadal rallied from two sets down to win a record 21st Grand Slam title -- Medvedev complained about "disrespectful" fans. But he said Wednesday at Indian Wells that those comments -- which came after he was fined US$12,000 for an outburst at the chair umpire in his semi-final win over Stefanos Tsitsipas -- were made in the heat of the disappointing moment.
Novak Djokovic said that he will not be able to compete at the hard-court tennis tournaments in Indian Wells, California, or Miami because he is unvaccinated and can't travel to the United States.