Invading other countries didn't stop American F1 races, how would this (possibility) be any different?
[Except for what actually had happened/can happen, scale of conflict, number of casualties including civilians, consequences, geography, political background and systems involved: half/democracy/no-democracy/whatever]
F1 was also very fine with Bahrain, there was sort of revolution right there at the time of the race but they didn't get to the stage of showing golden toilets of fallen rulers, standard procedure and media's favourite. [Rulers who funnily enough rose to power following previous "revolution", weird].
It wasn't one of those cool, widely accepted and televised revolutions. This time it was complicated: local dictators are those fine dictators - like Khadafi used to be, good for business and as they say: so important for stability in the region, perhaps even for their country. No edgy tweets at the time either
. Everyone pretended nothing was happening, except for Force India - for (minimal) spoiling of the mood they were penalized by not being shown on TV.
So now it all boils down to political/personal weighing, it's not like any ethic standards are present. I'd start with boycotting Brooklyn Nets, all products manufactured in China, McLaren and petrol, no need to include everything at the same time - like F1.