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Helmut Marko says he's against Saudis owning Formula 1
Red Bull advisor Dr Helmut Marko has questioned how suitable it would be for prospective Formula 1 owners to be based in a nation 'culturally different' to the vast majority of the calendar, following a reported bid by Saudi Arabia's Public Investment Fund. It was reported by Bloomberg last week that current F1 owners Liberty Media rejected a $20 billion offer from Saudi Arabia for the commercial rights of the sport last year, despite having only bought the sport themselves for $4.6 billion in 2017. As it stands just four of the races on the calendar take place in the Middle East, with Marko believing that it's more suitable to sell the pinnacle of motorsport to somebody who 'meets normal...
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1y ago from Formula1News.co.uk
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