If that particular interest is a minor sponsor and the team survival is at stake it becomes a simple business decision. If the Owner can't reconcile that from his personal standpoint he should make a smart business choice and sell his interest and move on.On most teams, perhaps. But the promotion of the state is at the behest of the team's owner, and the state is, as I understand it, only a very minor sponsor through its department for tourism.
And in a number of other cases, the team is owned by the sponsors: Red Bull, Ineos (via Ratcliffe), UAE, probably others.
Really bad press nets totally eternally bad marketing. No one gets paid as the other sponsors flee. Associated sponsors and contract riders are not altruistic on a political level any more than most aware citizens. You live with your best judgement, IMO. Riccatello will be moving, for sure.