News Details
Red Bull state opposition to Saudis taking over Formula 1
Red Bull advisor Dr Helmut Marko has questioned if a country 'culturally different' to where the bulk of the races take place would be the right move for the future ownership of Formula 1, following the recent offer by Saudi Arabia's Public Investment Fund. It was reported on Bloomberg last week that current F1 owners Liberty Media rejected an offer to sell the sport last year, with Saudi Arabia having offered the American company a whopping $20 billion. Considering that Liberty Media bought the sport in 2017 for just $4.6 billion, the $20 billion price tag has been labelled as 'inflated' by FIA president Mohammed Ben Sulayem, who's comment infuriated the current owners. Liberty Media...
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 owners Liberty Media named world’s most valuable...
Formula 1's parent company Liberty Media has been ranked by Forbes as the...
2y ago from MotorsportWeek.com
Helmut Marko says he's against Saudis owning Formula 1
Red Bull advisor Dr Helmut Marko has questioned how suitable it would be...
2y ago from Formula1News.co.uk
FIA president reminds Formula 1 they are ‘only...
Tensions between Formula 1 and the FIA continue to escalate following...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
13h ago from MotorsportWeek.c...
Fermin Aldeguer remains hospitalised after leg surgery
No description available...
16h ago from Motorsport.com
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
2d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
4d ago from MotorsportWeek.c...
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
4d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Naturally-aspirated V8: What Ford is doing differently...
No description available...
11h ago from Motorsport.com
How did WRC champion Kalle Rovanpera’s single-seater...
No description available...
12h ago from Motorsport.com
Dakar 2026, Stage 8: Toyota scores 1-2 in...
No description available...
15h ago from Motorsport.com
Dakar 2026, Stage 7: Mattias Ekstrom wins stage after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
FA Cup fourth round draw – live
️ Draw for the last 32 to begin at 6.35pm GMT at Anfield<br>⚽️...
10h ago from TheGuardian.com
Race for Guehi wide open with Man City, Liverpool and...
The race to sign Marc Guehi is wide open and there is not a favourite or a...
9h ago from SkySports.com
Liam Rosenior provides fitness update on Cole Palmer...
Chelsea's head coach, Liam Rosenior, has disclosed that Cole Palmer and...
12h ago from SportsKeeda.com
Robert Pires claims 26-year-old Arsenal star is now in...
Arsenal legend Robert Pires has heaped praise on Declan Rice, calling him...
11h ago from SportsKeeda.com
Comments
Hottest News
Ex-Ferrari engineer reveals who is to blame for Lewis...
Former Ferrari F1 engineer Luigi Mazzola has had... Read More »
8h ago from GPFans.com
Hill and Herbert name their F1 ‘dark horses’ for 2026
Damon Hill and Johnny Herbert believe the 2026... Read More »
12h ago from F1i.com
Formula E: Why did Citroen replace Maserati in Formula E?
On the back of their maiden Formula E victory,... Read More »
3h ago from F1Technical.net
