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French anti-corruption authorities investigate the FIA
France's anti-corruption Parquet National Financier has opened an investigation into the FIA's decision to green-light the sale of F1 to Liberty Media. According to the New York Times, French authorities are seeking information on a possible conflict of interest pertaining to the governing body's role as an arbitrator of the sale of F1 to Liberty while it was also a shareholder of F1. Indeed, the FIA was awarded an option to buy a 1 percent interest in the sport by previous commercial rights holder CVC in 2013, upon the completion of the latest Concorde Agreement negotiated with F1's teams by Bernie Ecclestone. Race of Champions event moves to Saudi Arabia! The FIA denies it was a conflict...
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