While COVID-19 pandemic canceled the upcoming Formula One races, F1 will be airing a Virtual Grand Prix series in the meantime. The first virtual race will be held in place of Sunday's Bahrain Grand Prix from 8:00 pm (GMT) on March 22 and will stream on F1's Facebook, YouTube, and Twitch. The races will have current drivers and "stars" race against each other using the official 2019 Formula One game from Codemasters. F1 hasn't announced yet which drivers will be part of the series. The participants will use PC's and play remotely. The game will run at 50% distance to level the playing field between actual racers and sim drivers.
F1 wanted to emphasize that the series will not have any effect on the World Championship. It's just meant to entertain fans during this trying time. The Virtual Grand Prix is going to replace race weekends until May, but we might expect it to extend if things don't improve by then.