News Details
'Liberty Media rejected Saudi Arabia's bid'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media. According to Bloomberg the Gulf state reportedly held talks with Liberty Media in 2022 but the current owner of Formula 1 turned down the bid. Article continues under ad The bid was reportedly made via the Public Investment Fund (PIF), a state investment fund owned by the Saudi government. PIF's bid would amount to $20 billion, almost five times what Liberty Media put down in 2017. The deal is said to have eventually fallen through as Liberty Media allegedly turned down the bid, but according to Bloomberg, PIF does not intend to stop there and is said to still be interested in taking over Formula 1. Saudi Arabia is...
Full Story »
Full Story »
1y ago from GPBlog.com
0
You May Also Be Interested In...
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media....
1y ago from GPBlog.com
Formula 1 stars 'would not be dominant in Formula E'
Formula 1 superstars like Max Verstappen and Lewis Hamilton wouldn't be...
1y ago from F1i.com
Saudi Arabia wealth fund explored $20b F1 bid –...
Saudi Arabia’s sovereign wealth fund considered an attempt to buy...
1y ago from MotorsportWeek.com
Saudi Arabia wealth fund explored bid for Formula 1
Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1...
1y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia critical of “no plan” MotoGP sprint races
No description available...
11h ago from Motorsport.com
Vinales: Jerez MotoGP sprint should have been...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
Palou “not very pleased” by mysterious pace slump...
No description available...
3h ago from Motorsport.com
Roger Penske summons IndyCar team owners for impromptu...
No description available...
8h ago from Motorsport.com
IndyCar Barber – Qualifying Results
The fight for pole came down to the very final corner of the 15-turn...
7h ago from MotorsportWeek.c...
IndyCar Barber: McLaughlin takes pole in Penske 1-2
No description available...
8h ago from Motorsport.com
Popular On TotalWRC.com
WRC looking to add F1-style team radio to TV broadcasts
No description available...
2d ago from Motorsport.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
3d ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
3d ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'One of the most successful players in PL history':...
No description available...
1h ago from SportsKeeda.com
Arsenal or Manchester City? Emmanuel Petit predicts...
No description available...
3h ago from SportsKeeda.com
Arsenal Transfer News Roundup: Gunners trailing AC...
No description available...
7h ago from SportsKeeda.com
Peter Crouch names 2 Tottenham stars who could cause...
No description available...
7h ago from SportsKeeda.com
Comments
Hottest News
Newey's wife 'scoping out properties' in MAJOR hint over...
Adrian Newey is set to leave Red Bull in a major... Read More »
15h ago from GPFans.com
Red Bull announce strong statement over Newey departure...
Red Bull have responded to reports that legendary... Read More »
10h ago from GPFans.com
Hamilton warned over understanding Ferrari ‘mentality’
Lewis Hamilton's career will receive a shake-up... Read More »
17m ago from RacingNews365.com