You may be right that the reason for the charade was contractual and financial.
This is not a defence of what happened - more a reflection of the inadequacy of the contractual arrangements put in place with sponsors, TV companies, teams, drivers, spectators etc etc.
That weather or some other event (volcano, war, pandemic etc etc) effectively stops the action was and is entirely foreseeable. The weekend shambles may have done rather more to damage F1 income through ridicule than cancellation.
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