Formula One is keeping a close eye on the developments in Ukraine but is yet to make a decision about the Russian Grand Prix.

Russia launched a long-feared invasion of Ukraine early Thursday despite warnings of dire consequences from the international community. Tensions in the region have been escalating recently.

The Russian GP will take place in September.

Formula One is keeping an eye on the developments and has no further comment at this time. We will keep a close eye on the situation.

F1 boss Stefano Domenicali will meet with the team bosses on Thursday to discuss the situation.

Sebastian said he won't take part in that event if it goes ahead.

The Grand Prix Drivers' Association haven't spoken on this subject so I can't speak on behalf of the GPDA.

I woke up again this morning and was shocked by the news.

I think it is terrible to see what is happening and we have a race in Russia on the calendar.

My opinion is that I should not go. I am shocked and sad to see what is happening. We will see, but I think my decision is already made.

When a country is at war, it's not right to race there, says reigning world champion Max Verstappen.

The Circuit de Catalunya is where F1 is testing. This week, one of the ten cars taking part in that test has generated a lot of attention.

The title sponsor of the American team is Dimtry Mazepin.

The team kit of the car was red, white and blue and the company&s name and logo were visible across it. The car, which looks like a Russian flag from multiple angles, was in Barcelona for F1 preseason testing on Thursday.

On the final day of the test, the team will run an all-white livery and remove all Uralkali logos. No further comment will be made at this time regarding team partner agreements.

Nikita Mazepin on track during testing in the Uralkali-sponsored Haas F1 car, which resembles a Russian flag. Hasan Bratic/DeFodi Images via Getty Images

Sergei Chemezov has been chairman of the company since 2014, and is a close associate of Putin.

The first wave of international sanctions did not include Mazepin and Uralkali. Nikita, the son of Mazepin, races for the team.

The team boss was supposed to speak to the media on Thursday, but he was not allowed to. At the end of the day, a press briefing with Nikita Mazepin was canceled.

Gene Haas, the team owner, has not spoken to the media.

If Russian nationals are denied entry to certain countries in the coming months, the visa status of Nikita Mazepin will be a factor that will be monitored by Haas.

Pietro Fittipaldi, grandson of former world champion Emerson, is on hand to step in if Mazepin is unable to enter countries. Fittipaldi replaced Romain Grosjean at the 2020 Sakhir and Abu Dhabi Grands Prix when Romain Grosjean was recovering from injuries he sustained in the Bahrain Grand Prix.