News Details

Ben Sulayem clarifies: 'F1 is not just for sale'

Mohammed Ben Sulayem has responded to the news that Saudi Arabia has tried to buy Formula One. On Twitter the FIA president lashed out harshly at the suggestion that the sport was for sale. Article continues under ad Recently, Bloomberg announced that the government of Saudi Arabia - through the sovereign wealth fund PIF - tried to place a $20 billion bid for Formula 1 in 2022. Although this was almost five times what Liberty Media had paid in 2017, Liberty Media would still have turned down that bid. Clear language from FIA president Ben Sulayem has now responded to this news on behalf of the FIA, and he does not have a good word to say about possible buyers. Although the president does...
Full Story »
3y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Mattia Binotto tipped to join Andretti-Cadillac's...

Andretti-Cadillac's bid to join the Formula 1 grid is certainly gaining...
3y ago from Formula1News.co.uk

Revealed: Saudi government tried to purchase Formula 1...

The influence of the Middle East in Formula 1 is continuing to grow year...
3y ago from Formula1News.co.uk

FIA announces major management shake-up

The FIA have announced a huge overhaul of their Formula 1...
3y ago from Formula1News.co.uk

Ben Sulayem: 'Only a matter of time' before Ferrari...

FIA president Mohammed Ben Sulayem believes that it's "only a matter...
3y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez admits ‘touch of madness’ is key to...

Marc Marquez has provided fascinating insight into how he balances risk...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Pato O'Ward issues damning verdict on ‘Mario...

Pato O'Ward isn't chasing F1 any more after falling out of love with...

IndyCar names officiating director ahead of Indy 500

IndyCar Officiating has announced Scot Elkins as the new Managing...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Even when he tries to be calm, he's faking it' -...

Former Chelsea star John Obi Mikel has claimed that Arsenal manager Mikel...
2h ago from SportsKeeda.com

'Typical bottle merchants', 'Bottling officially...

Arsenal and Mikel Arteta are being mocked on social media after Manchester...
3h ago from SportsKeeda.com

Player ratings: Man City 2-1 Arsenal

Arsenal fell to defeat to their rivals for the Premier League title on...
5h ago from FreshArsenal.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.