News Details
Liberty Media react to Saudi Arabia buyout
Liberty Media CEO Greg Maffei has ruled out selling Formula 1 to Saudi Arabia’s Public Investment Fund, silencing rumours of a $20 billion deal. Formula 1 has been thriving in recent years, as its popularity in America has seen the sport’s commercial success grow exponentially. Saudi Arabia is already on the Formula 1 calendar, with the Saudi Arabian Grand Prix around the Jeddah Cornich Circuit featuring on the calendar since 2021. The country is looking to grow its role in the industry through a second race, planned for the city of Qiddya. Want to work in Formula 1? Browse the latest F1 job vacancies Saudi Arabia’s state-owned oil and gas company Aramco is also a key sponsor of the...
Full Story »
Full Story »
1y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Spanish businessman claims Formula 1 will race in...
Alejandro Agag, a Spanish businessman and boss of Formula E, has claimed...
1y ago from Formula1News.co.uk
Liberty Media won't sell the rights: 'We are excited'
Formula 1's commercial rights holder Liberty Media has no plans to sell...
1y ago from GPBlog.com
Christian Horner backs Lewis Hamilton
Christian Horner and Lewis Hamilton have sided with one another in a rare...
1y ago from Formula1News.co.uk
Formula 1 CEO fires shot at Bernie Ecclestone
Formula 1 has seen a significant spike in interest across America in...
1y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Ducati set to make crunch decision over 2025 MotoGP...
Ducati is set to make a decision over whether it will use its new engine...
18h ago from MotorsportWeek.c...
Yamaha can be top-five contender from mid-2025, says...
No description available...
19h ago from Motorsport.com
MotoGP Buriram test: Schedule, riders and how to follow
No description available...
21h ago from Motorsport.com
Why Ducati leans towards 2024 engine for 2025 MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Doug Boles named IndyCar President in leadership...
The NTT IndyCar Series announced on Tuesday morning that longtime...
14h ago from MotorsportWeek.c...
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
1w ago from MotorsportWeek.c...
Power sets goal of five move competitive years in...
Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...
5d ago from MotorsportWeek.c...
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal doctors considering sending player for...
No description available...
11h ago from SportsKeeda.com
Arsenal transfer news: Gunners 'make decision' over...
Arsenal reportedly make a decision on whether to pursue a permanent deal...
11h ago from SportsMole.co.uk
Arsenal chiefs and Mikel Arteta in disagreement over...
No description available...
13h ago from SportsKeeda.com
Arsenal injury news: Gunners considering second...
Arsenal are reportedly considering whether Takehiro Tomiyasu requires a...
11h ago from SportsMole.co.uk
Comments
Hottest News
Horner reveals Red Bull winter focus behind Verstappen...
The RB20 had its problems in 2024. Red Bull has... Read More »
1h ago from RacingNews365.com
F1 Today | Rumoured Red Bull 'power unit issues', McLaren...
Red Bull rumoured to have issues with their 2026... Read More »
9h ago from GPBlog.com
F1 News Today: Team reveal NEW NAME bombshell as FIA...
A Formula 1 team have announced a major change in... Read More »
44m ago from GPFans.com
