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F1 lawyers send letter to FIA president
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 commented 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 inflated...
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2y ago from espnF1.com
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