▁held ▁for ▁the ▁first ▁time ▁in ▁B aku ▁on ▁June ▁ 1 7 – 1 9 . ▁In ▁ 2 0 1 7 , ▁the ▁e ighth ▁round ▁of ▁the ▁ 2 0 1 7 ▁Formula ▁ 1 ▁World ▁Championship , ▁A zer ba ij an ▁Grand ▁Prix , ▁took ▁place ▁on ▁ 2 5 ▁June . ▁On ▁ 2 7 – 2 9 ▁April ▁ 2 0 1 8 , ▁the ▁fourth ▁round ▁of ▁the ▁ 2 0 1 8 ▁Formula ▁ 1 ▁World ▁Championship , ▁A zer ba ij an ▁Grand ▁Prix , ▁was ▁held ▁in ▁B aku . ▁Il ham ▁Ali ye v ▁attended ▁the ▁opening ▁cer emon ies ▁and ▁award ▁cer emon ies , ▁he ▁personally ▁handed ▁over ▁the ▁cup ▁to ▁the ▁winner . ▁ ▁Crit ic ism ▁ ▁Econom ic ▁policies ▁ ▁Further ▁alleg ations ▁relate ▁to ▁his ▁economic ▁policies , ▁as ▁some ▁anal yst s ▁and ▁polit icians ▁claimed ▁that ▁falling ▁oil ▁prices ▁and ▁related ▁economic ▁tur mo il ▁in ▁global ▁mark ets ▁indicated ▁that ▁Il ham ▁Ali ye v ' s ▁economic ▁policies ▁caused ▁the ▁A zer ba ij an ▁economy ▁to ▁become ▁dependent ▁on ▁oil ▁and ▁gas . ▁They ▁assert ed ▁that ▁the ▁government ▁failed ▁to ▁manage ▁the ▁economic ▁crisis ▁well , ▁and ▁Ali ye v ' s ▁policy ▁does ▁not ▁promise ▁to ▁solve ▁the ▁challeng es ▁in ▁the ▁economy . ▁Crit ics ▁also ▁did ▁not ▁welcome ▁the ▁borrow ing ▁of ▁assets ▁from ▁international ▁financial ▁institutions ▁as ▁a ▁rem ed ial ▁solution . ▁Il ham