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Angry F1 chiefs call out Ben Sulayem for 'unacceptable' remarks

Grand Prix racing's chiefs have reacted to Mohammed Ben Sulayem's comments on the potential $20 billion valuation of F1, calling the FIA president's remarks "unacceptable" and accusing him of "interfering" with the sport's commercial rights. Last week, a report from Bloomberg alleged that Saudi Arabia's sovereign wealth fund had held talks last year with Liberty Media regarding a potential takeover of F1, with a $20 billion valuation supposedly assigned to the sport. The report claimed that while Liberty Media had rebuffed the offer, Saudi Arabia's Public Investment Fund remained interested in acquiring F1. On Monday, Ben Sulayem addressed the report on Twitter,...
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1y ago from F1i.com 0
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