News Details
This is why Liberty Media rejected Saudi Arabia's F1 takeover bid
FIA president Mohammed Ben Sulayem has stunned Formula 1 after taking to social media to state that the sport isn't worth £16 billion, following a reported failed takeover attempt by Saudi Arabia a year ago. Ben Sulayem released three tweets entailing what a potential Formula 1 buyer should consider, with many now questioning if the FIA president has overstepped his role as regulator. The current owners of F1, Liberty Media, failed to comment on the story, which was reported by Bloomberg, with the American company having owned the sport since 2017, following a $4.6 billion takeover. Sources are suggesting that the story isn't completely accurate, with the reported fee having been...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
FIA president issues unusual warning after Saudi...
FIA president Mohammed Ben Sulayem is 'cautious' about a reported...
2y ago from Formula1News.co.uk
F1 and Liberty Media furious: 'Ben Sulayem went beyond...
Formula 1 and Liberty Media have sent a critical letter to the FIA in...
2y ago from GPBlog.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 and Liberty Media furious: 'This oversteps the...
Formula 1 and Liberty Media have sent a critical letter to the FIA in...
2y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP circuit contracts: How long will each race...
No description available...
19h ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
1d ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
1d ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
5d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
1d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
2d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Sources: Chelsea are joined by Arsenal in the race to...
Marseille’s highly rated teenage midfielder Darryl Bakola has rapidly...
1h ago from CaughtOffside.com
Arsenal latest: Saliba believes Gunners can win...
No description available...
13h ago from SkySports.com
Report: Arsenal eyeing up a move for 20-year-old...
Arsenal are interested in signing Club Brugge midfielder Aleksandar...
17h ago from CaughtOffside.com
Years after snubbing transfer to Liverpool and...
German footballer Julian Draxler has opened up on his failed move to...
23h ago from SportsKeeda.com
Comments
Hottest News
Why does Audi consider the reveal of its official name as a...
Having revealed its official name and the Berlin... Read More »
11h ago from F1Technical.net
Max Verstappen McLaren contract advice revealed: 'Many...
The friendship between Max Verstappen and Gabriel... Read More »
15h ago from RacingNews365.com
F1 2025 stars as Christmas movie characters
With the 2025 season over, and a long wait before... Read More »
12h ago from GPFans.com
