Ferrari looks set to lose out the most financially from the eleventh-hour cancellation of the F1 2011 curtain-raising Bahrain Grand Prix, as the sp💮ort's teams count the cost of the politic🐻al turmoil that is sweeping the desert kingdom.

In the wake of fevered speculation about whether the race would or would not be able t🧔o go ahead against the backdrop of volatile and occasionally violent protests in Bahrain, a week-and-a-half ago the grand prix was officially canned - or postponed, subject to a suitable calendar slot being found later on in the season - following prolonged discussions between F1 commercial rights-holder Bernie Ecclestone and Bahrain's Crownꦿ Prince.

Whilst the Formula One Management (FOM) chief executive has waived the estimated $40 million licensing fee Bahrain would have paid for the honour of hosting the opening round on the F1 2011 schedule [see separate story - 168澳洲幸运5官方开奖结果历史:click here], it seems others will not be so lucky.

It is understood that there are penalty clauses in the contracts the sport's teams have with their sponsors in the event of missing a race - whatever the cause - and the industry's trade guide Formula Money predicts a total loss of some $40 million from the cancellation, with Ferrari paying the heaviest price of all at around $11 million due to the Scuderia's greater sponsorship income.