“Based on the current information the FIA has at this stage, it is satisfied that all the proper security measures are in place for the running of an F1 World Championship event in Bahrain.
“Therefore, the FIA confirms that the 2012 Gulf Air F1 Grand Prix of Bahrain will go ahead as scheduled.”
The announcement comes despite increased media interest in Bahrain reporting greater levels of protest in recent days.
A protestor was killed just over a week ago, when security forces, apparently in an unmarked car, opened fire with rubber bullets in an attempt to disperse a crowd. Then, in the past 48 hours, an improvised pipe bomb seriously injured seven policemen close to the capital Manama. Reaction to that incident has since seen groups from the Sunni population attacking Shi'ite villages close to the capital, heightening tensions in the run-up to the race.
The timing of the FIA decision has come as a particular surprise as many believe that Friday could be the most turbulent day of all as, being a part of the Muslim weekend, people congregate after visiting mosques, prompting fears of further street protests.