The company is Liberty Media, which owns the contract for the sale of television rights, is obliged to spend at least 15 stages per season.
According to RaceFans, the owners of the rights to Formula 1 can face problems if they fail to conduct the necessary number of races in the season. In particular, the company can face financial problems and lawsuits
Recall that in the Formula-1 has already postponed indefinitely the seven stages of the championship in Australia, Bahrain, Vietnam, China, the Netherlands, Spain and Monaco. Thus, in the calendar there are only 15 stages, however the transferred stages can still find a place in the calendar.
Earlier it was reported that the Formula 1 need 8 races to recognize the season held.