News Details
FIA president reminds Formula 1 they are ‘only renting'
Tensions between Formula 1 and the FIA continue to escalate following comments made by FIA president Mohammed Ben Sulayem, where he shared his ‘caution' over a $20 billion bid from Saudi Arabia. Ben Sulayem's comments have infuriated Formula 1 bosses and owners Liberty Media, who bought the sport in 2017 for $4.6 billion. It was reported by Bloomberg that Saudi Arabia attempted to purchase the sport last year from the Americans; however, their extortionate bid was rejected. The FIA president has since been heavily criticised for his 'unacceptable' comments regarding the offer and any potential bidder for the sport, with Formula 1’s legal department having insisted that Liberty...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Revealed: Saudi government tried to purchase Formula 1...
The influence of the Middle East in Formula 1 is continuing to grow year...
2y ago from Formula1News.co.uk
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media....
2y ago from GPBlog.com
Saudi Arabia wealth fund explored bid for Formula 1
Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1...
2y ago from F1i.com
Saudi Arabia wealth fund explored $20M bid for Formula...
Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1...
2y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Raul Fernandez: “I don’t race for money – I race...
No description available...
10h ago from Motorsport.com
Kevin Schwantz: ‘Nothing but gains to be had'...
1993 500cc champion Kevin Schwantz believes the potential Liberty Media...
1d ago from MotorsportWeek.c...
Jorge Martin pushing for early Aprilia exit;...
No description available...
4d ago from Motorsport.com
Why Martin-vs-Aprilia conflict will have no easy...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Dixon fastest in treacherous Fast Friday practice at...
The boost was turned up for Friday’s practice running at the...
2h ago from MotorsportWeek.c...
Scott McLaughlin leads treacherous Fast Friday with...
No description available...
2h ago from Motorsport.com
Kyle Larson crashes during mock qualifying run in Indy...
No description available...
3h ago from Motorsport.com
Kyffin Simpson sent airborne in scary Indy 500...
No description available...
7h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tänak tops Rally Portugal after fierce Friday...
Ott Tänak claimed his 400th career stage win on the final stage of Rally...
4h ago from MotorsportWeek.c...
Sudden failure forces Fourmaux out of Rally Portugal...
No description available...
9h ago from Motorsport.com
Martins Sesks working on expansion to 2025 WRC...
No description available...
4d ago from Motorsport.com
Hyundai offers update on its WRC future dilemma
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Kai Havertz ‘destroying metrics’ as he nears...
t;li>Mikel Arteta: ‘There’s been a transformation in his...
3h ago from TheGuardian.com
Brighton transfer news: '£30m-plus-player bid'...
Brighton & Hove Albion are reportedly pursuing a deal to sign a...
4h ago from SportsMole.co.uk
Premier League GW37 predictions: Arsenal to win...
Sports Mole takes on singer-songwriter Harry Lyon for a Premier League...
10h ago from SportsMole.co.uk
Arsenal vs Newcastle United Prediction and Betting...
The Premier League returns to the fold with another set of matches this...
6h ago from SportsKeeda.com
Comments
Hottest News
F1 2025 Emilia-Romagna Grand Prix – FP2 Results
It was a McLaren one-two once again as Oscar... Read More »
8h ago from MotorsportWeek.com
New FIA test revealed as Mercedes F1 car summoned at Imola...
Mercedes have had one of their Formula 1 cars... Read More »
3h ago from GPFans.com
Hamilton “felt really positive” in the opening...
Having displayed encouraging performance in the... Read More »
1h ago from F1Technical.net
