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 »
1y 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...
1y 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...
1y 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...
1y 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...
1y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia determined to retain MotoGP title...
Francesco Bagnaia says that he is determined to “keep this...
38m ago from MotorsportWeek.c...
Jorge Martin reveals how he ‘lost the front...
Jorge Martin disclosed he 'lost the front quite heavily,' which almost...
1h ago from MotorsportWeek.c...
Acosta: “I’m not going to accept that Ducati is...
No description available...
6h ago from Motorsport.com
Quartararo: “Unacceptable” to run out of fuel...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay now free agent for 2025 after confirming...
No description available...
1w ago from Motorsport.com
How Palou cemented his growing legend in IndyCar title...
No description available...
2d ago from Motorsport.com
Alex Palou’s greatness is in a league of its own
No description available...
3d ago from Motorsport.com
Jamie Chadwick completes ‘incredible’ maiden...
Jamie Chadwick completed her first NTT IndyCar Series test earlier this...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rovanpera "recharged" and ready for 2025 WRC...
No description available...
7h ago from Motorsport.com
WRC rising star has “zero idea” over future after...
No description available...
2d ago from Motorsport.com
Alonso: Third F1 title my "only priority",...
No description available...
4d ago from Motorsport.com
Toyota encouraged for future after Pajari’s WRC...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Transfer news: Ten Hag's Man United future, Haaland...
This article was originally published on Fabrizio Romano’s Daily...
18m ago from CaughtOffside.com
Arsenal star Kai Havertz set to miss international...
No description available...
2h ago from SportsKeeda.com
'One of the best' – Gabriel Martinelli hails...
Gabriel Martinelli has hailed Arsenal teammate Bukayo Saka as ‘one...
2h ago from CaughtOffside.com
Arsenal injury scare as in-form player to be...
Arsenal have been dealt some worrying injury news as Kai Havertz is set to...
3h ago from CaughtOffside.com
Comments
Hottest News
Wolff reveals SHOCK Ferrari signing
Susie Wolff has revealed a shock Ferrari signing,... Read More »
2h ago from GPFans.com
F1 News Today: Hamilton fans FUME as F1 star celebrates...
Lewis Hamilton has been snubbed by a Formula 1... Read More »
11h ago from GPFans.com
F1: Cadillac to go it alone?
Veteran motorsport journalist suggests that... Read More »
3h ago from Pitpass.com
