Formula 1 President Stefano Domenicali announced he wants to bring back at least one of the two races cancelled due to the war in the Middle East to this season's calendar.
The races planned for April in Bahrain and Jeddah were cancelled after the attack by the US and Israel on Iran, which spread to all Arab Gulf countries.
Domenicali told British broadcaster Sky Sport on Saturday evening, "If there is something we can announce to see if there is room for what hasn't been done so far, we will do it at the right time and under the right conditions."
The Italian executive said, "If all conditions are suitable, we will proceed with our plan. If there is a chance, why not?"
While Domenicali did not say which of the two cancelled races would be brought back, Sky Sports suggested that Bahrain could be placed between Baku and Singapore in early October.
Domenicali stated that for logistical reasons, the decision must be made before the summer break in August.
The final two legs of the F1 season, which currently consists of only 22 races, are also planned in the Gulf: Qatar and the season finale in Abu Dhabi in December. Domenicali expressed hope that these races would also take place.
The F1 President said, "Our job is to make sure we are ready to run our calendar as planned," and added: "We are monitoring the situation because moving in this direction would be an incredibly positive message for the sport and also politically. If this happens, we can say that it is now behind us."
The US and Iran are conducting negotiations aimed at bringing a permanent end to the war in the Middle East.