He vowed to do "everything" to ensure the possibility for the Russian athletes to compete under the national flag at the global championships.
Competitors will not even be able to compete under the Russian flag in the 2022 Paralympic Games in Beijing either, but will be able to participate in the 2020 Winter Olympics in Lausanne.
In an open letter published on Tuesday, three-times high jump world champion Maria Lasitskene blamed the ban on the Russian government which, according to her, has failed to take action in the aftermath of the previous doping scandal, and forced athletes like her to compete under a neutral flag.
"The contract for holding the Russian round of the Formula One World Championship was signed in 2010, long before the events investigated by WADA, and runs until 2025", promoters ROSGONKI said in a statement.
"But if they take decisions on collective punishment, I think this is a reason to believe that these decisions do not seek to keep sports clean but are based on political considerations, which has nothing to do with the interests of sport and the Olympic Movement".More news: Gmail update lets users send emails as attachments
Wallace said clean Russian athletes will pay the price.
Russian Federation was banned from the world's top sporting events for four years earlier on Monday, including the next summer and winter Olympics and the 2022 soccer World Cup, for tampering with doping tests. Clean athletes and Olympic ideals deserve better than what WADA is providing.
The sanctions relate to tampering with data obtained from the Moscow laboratory in 2019.
One of the conditions for the reinstatement of the Russian Anti-Doping Agency (RUSADA), which was suspended in 2015 in the wake of the athletics doping scandal but was reinstated past year, had been that Moscow provides an authentic copy of the laboratory data. "It is unfortunate that there are persons who would not have been guilty, but are now affected by this".More news: Billy Porter Gonna Get That Golden Globe
Igor Lebedev, a deputy speaker of Russia's lower house of parliament, said yesterday the move was a serious blow to Russian sport that required a tough response from Russia's authorities.
"This protects the rights of Russian athletes by allowing re-entry for those able to demonstrate they are not implicated in any way [in doping]", Mr Reedie said.
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