News Details

F1 accuses FIA president of 'unacceptable' remarks

The owners of Formula One have accused FIA president Mohammed Ben Sulayem of "interfering" in the commercial rights of the sport in an "unacceptable manner" after he passed comment on the value of F1 on Twitter. In a series of tweets on Tuesday, Ben Sulayem reacted to a Bloomberg report that Saudi Arabia's Public Investment Fund (PIF) had considered a bid of $20 billion to buy F1. The FIA president described the figure as an "inflated price tag" and said it was the duty of the FIA to consider the impact such a valuation could have on race promoters and fans. As the custodians of motorsport, the FIA, as a non-profit organisation, is cautious about alleged...
Full Story »
2y ago from espnF1.com 0
Share

You May Also Be Interested In...

Angry F1 chiefs call out Ben Sulayem for...

Grand Prix racing's chiefs have reacted to Mohammed Ben Sulayem's...
2y ago from F1i.com

Formula 1 and Liberty Media send angry letter to FIA:...

Formula 1 and Liberty Media have sent a critical letter to the FIA in...
2y ago from GPBlog.com

F1 send furious letter to FIA - president accused of...

F1 chiefs have accused Mohammed Ben Sulayem of behaving "in an...
2y ago from GPFans.com

Analysis: F1’s ‘Don King Clause’ could block...

Article To news overview © XPBimages FIA President Mohammed Ben Sulayem...
2y ago from RacingNews365.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...

Popular On GunnersToday.com

Report: Arsenal eyeing up a move for 20-year-old...

Arsenal are interested in signing Club Brugge midfielder Aleksandar...
4h ago from CaughtOffside.com

Sources: Man United & Arsenal enter race for...

Genk’s teenage sensation Konstantinos Karetsas has rapidly emerged as...
11h ago from CaughtOffside.com

‘A quick learner’: how Declan Rice went from...

fielder will be part of the conversation for a Ballon d’Or if he...
8h ago from TheGuardian.com

Years after snubbing transfer to Liverpool and...

German footballer Julian Draxler has opened up on his failed move to...
9h ago from SportsKeeda.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.