U.S., European sanctions could impact careers of Russian racers

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American and European sanctions related to the ongoing crisis in Ukraine could threaten the careers of dozens of Russian drivers that are backed by the SMP Racing organization – including  those of Verizon IndyCar Series rookie Mikhail Aleshin (pictured) and Sauber Formula One tester Sergey Sirotkin.

According to RIA Novosti, the group issued a statement that says its European financial accounts have been frozen as a result of the sanctions, which were handed down last month.

SMP has gone as far to dub the sanctions “political blackmail” but also asked the U.S. and the European Union to “listen to the voice of reason by removing the limit on Russian athletes’ participation in international competitions.”

The SMP project was set up by billionaire Boris Rotenberg, who was included in the sanctions. Mr. Rotenberg was a childhood friend of current Russian president Vladimir Putin and also is part of the project himself as a sports car racer.

Said project utilizes the branding of Russian-based SMP Bank, which is co-owned by Boris and Arkady Rotenberg and Yuri Kovalchuk; all three men have been hit with U.S. Treasury sanctions.

In regards to Aleshin, who races alongside veteran Simon Pagenaud for IndyCar squad Schmidt Peterson Motorsports, his career has not yet been affected by the sanctions according to SMP’s sports director, Sergey Zlobin.

SMP is a key supporter of the Schmidt Peterson camp, and it should be noted that the team has yet to acquire a steady primary sponsor for Pagenaud since the departure of computer company HP over the winter.

The Frenchman has had two different primary backers in as many races this season: Environmental Rail Solutions at St. Petersburg, and Charter Communications this past weekend at Long Beach.

As for SMP drivers in European-based series, Zlobin adds that they may be under a more immediate threat, as they could soon be unable to pay equipment costs or participation fees.

“The problems that our European office is facing in connection with the impossibility of using funds in the account will result in our drivers not being able to take part in European championships,” Zlobin said to R-Sport/RIA Novosti.

Political turbulence also impacted Venezuelan drivers late last year but in this case, it was thanks to a sports currency scandal that stemmed from one of the country’s state agencies.

In response to the scandal, the Venezuelan government froze all disbursements of hard currency for their race car and motorcycle drivers that compete internationally.

MRTI: Keith Donegan earns Mazda Shootout Scholarship

Photo: Indianapolis Motor Speedway, LLC Photography
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Dublin, Ireland’s Keith Donegan claimed a $200K scholarship from Mazda after emerging victorious at the second annual Mazda Road to Indy Shootout. The 20-year-old Donegan earned an at-large nomination for the scholarship based on his performance at this year’s Formula Ford Festival, in which he finished second in the final, and emerged from a pack of 17 drivers from across the globe to claim the scholarship.

“It really hasn’t hit me yet,” said an emotional Donegan, who earlier in his career actually spent two years away from racing as he focused on academics. “The weekend was really good and I enjoyed it. I have to say a huge thanks to Mazda and Cooper Tires and everyone at the Mazda Road to Indy. I enjoyed every moment. Throughout the weekend we were consistent and I kept the small things in check. I didn’t make any stupid mistakes and kept my head cool and that really paid off in the end.”

The two-day shootout was held at the Bondurant Racing School in Arizona and saw the nominated drivers tackle the school’s 1.6-mile circuit in Formula Mazda race cars before facing on and off-track assessments. Donegan was selected by a panel of judges that included former driver and current Verizon IndyCar Series TV analyst Scott Goodyear, Mazda drivers Tom Long, Andrew Carbonell, and Jonathan Bomarito, as well as Victor Franzoni – the current champion of the Pro Mazda Championship Presented by Cooper Tires – and Oliver Askew, the current champion of the Cooper Tires USF2000 Championship Powered by Mazda.

Donegan was humbled to be in the presence of drivers who have won scholarships and championships previously, and added that he is grateful to have the opportunity to continue his racing career.

“You see all these champions here today that will go on to great things in the future and I’m sure the names you see here today aren’t going to disappear,” Donegan added. “They will be back up there and I’m sure I will be racing them again some day. It is an unbelievable opportunity to be given and for Mazda to provide that for any young driver. It just gives that bit of motivation that you need because the [U.S.] is where you need to go to become a professional these days. It is such a boost to my career.”

Donegan is now slated to join the 2018 USF2000 championship, with further announcements regarding the team with whom he’ll be racing to come in the future.

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