The Russian Grand Prix which was scheduled to take place in September, but F1 cancelled it earlier today, citing the "impossibility" of racing in Russia following the military invasion of Ukraine. 

This reduces the schedule to 22 races in a year that was intended to have a record-breaking 23 rounds. Domenicali, on the other hand, told a Liberty Media investor call today that F1's recent experience with short-notice replacements during the pandemic means they are well equipped to do it again. 

At present, Turkey is favourite to take the slot and end up on the calendar for a third consecutive season. 

CEO Domenicali comments, "Talking specifically about the situation this year, because of the Russian situation, I just can confirm to you that we have already proven in the last couple of years to be very flexible and not to have any problem in finding possible solutions to that, so I can just confirm that could be an option for this year with no problem at all."

Domenicali said that F1 is considering increasing its calendar in the next years, too. The Italian said 25 races is entirely possible. 

He comments, "Due to the great success that F1 is having the possibility of having new races in the future is still very big,”

He adds, "With regard to possible venues for the future we can just say that there are a lot of discussions going on. We need to make a lot of choices for the strategic markets that we believe are the right ones for Formula 1. But for sure we can expand the calendar because technically speaking, as you know, we can go up to 25, that is written in our regulations, the Concorde Agreement, and the teams will follow our vision on that."

He concludes, "Something we don’t have to forget is this year will be 23 races, the highest number of races in the history of Formula 1. So I think that we can watch that in the right way, taking the right decisions. We are not in the rush for that, it’s just a matter of tuning in all the different possibilities that we have in front of us.”