"SMP's president Boris Rotenberg and his brother Arkady co-own a number of major Russian government's contractor companies, as well as energy and construction market assets. The US imposed sanctions on the brothers March 20. They were also blacklisted by the EU."
Moscow, April 15 - The Russian car racing team is unable to participate in international competitions following the freeze in Europe and the US of bank accounts of SMP Car Sport and Racing, the non-government organisation said Monday.

The SMP Car Sports and Racing represents Russia in the Le Mans races - and the World Endurance Championships - since 2013, Xinhua reported.

The most recent spreading of sanctions that the European Union and the US have imposed on a number of Russian businessmen beyond the limits of political and economic field is unacceptable, the organisation's sports director Sergei Zlobin said on the SMP's official website.

The organisation has nothing to do with the events in Ukraine and sets no political or economic goals, he added.

Use of sport as a mean of political blackmailing never leads to efficient solution of the political issues and causes disappointment and surprise. Right to go in for sport is an undeniable right of any person in line with the Olympics Charter, the SMP said.

It noted that the Western sanctions would only harm fans over the world and destroy all positive changes achieved in Russia-Europe sports cooperation.

SMP's president Boris Rotenberg and his brother Arkady co-own a number of major Russian government's contractor companies, as well as energy and construction market assets. The US imposed sanctions on the brothers March 20. They were also blacklisted by the EU.

SMP was established in 2013 by Boris Rotenberg's initiative to support Russian racers.


comments powered by Disqus
Read more on:
 GOA (48621 views)
 INTERNATIONAL (19281 views)
 BLACK (15711 views)
 MIC (6001 views)
 2013 (4911 views)
 EADS (4121 views)
 OLYMPICS (2191 views)
 RUSSIAN CAR (1150 views)
 BLACKLIST (801 views)
 SPORTS DIRECT (531 views)
 

PERMALINK

http://www.nerve.in/news:2535002323153
You can quote the permanent link above for a direct link to the story. We do not archive or expire our news stories.


STORY OPTIONS
  Email this story to a friend
  XML feed for Europe


 
COPYRIGHTS INFORMATION
All rights reserved for news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.
Contact Nerve Staff for any feedback, corrections and omissions in news stories.
 

All rights reserved for the news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.