Exclusive: Cancelled Bahrain and Saudi F1 races not expected to generate insured losses

By George Abbott, Michael Jones, Jemima Denham

Published: Fri 20 Mar 2026

The cancellation of Formula One races in Bahrain and Saudi Arabia is not expected to generate insured losses because ‌the events' promoters did not purchase event cancellation cover, multiple senior contingency market participants told The Insurer.