News Details
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media. According to Bloomberg the Gulf state reportedly held talks with Liberty Media in 2022 but the current owner of Formula 1 turned down the bid. Article continues under ad The bid was reportedly made via the Public Investment Fund (PIF), a state investment fund owned by the Saudi government. PIF's bid would amount to $20 billion, almost five times what Liberty Media put down in 2017. The deal is said to have eventually fallen through as Liberty Media allegedly turned down the bid, but according to Bloomberg, PIF does not intend to stop there and is said to still be interested in taking over Formula 1. Saudi Arabia is...
Full Story »
Full Story »
1y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 stars 'would not be dominant in Formula E'
Formula 1 superstars like Max Verstappen and Lewis Hamilton wouldn't be...
1y ago from F1i.com
Silverstone boss fires shot at Bernie Ecclestone
Silverstone's managing director Stuart Pringle has sung the praises of...
1y ago from Formula1News.co.uk
Ex-F1 team owner reveals he rejected ‘several...
Ex-Formula 1 driver Gerhard has revealed that he's decided to re-evaluate...
1y ago from Formula1News.co.uk
Saudi Arabia wealth fund explored bid for Formula 1
Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1...
1y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
How Marquez is the only MotoGP rider keeping the 'old'...
No description available...
12h ago from Motorsport.com
FIM announces MotoGP engine-freeze from 2025 season
The FIM has announced that there will be a two-year engine freeze for all...
2d ago from MotorsportWeek.c...
FIM announces two-year MotoGP engine freeze from 2025
No description available...
2d ago from Motorsport.com
A new MotoGP logo to be announced in Valencia
MotoGP has confirmed that it will unveil a brand-new logo at the Valencia...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou tops 11-car test session on Indianapolis...
11 IndyCar drivers turned laps around Indianapolis Motor Speedway on...
1d ago from MotorsportWeek.c...
Exclusive Q&A with Mark Miles: How the GP of Arlington...
No description available...
1d ago from Motorsport.com
IndyCar’s Arlington circuit layout will leave...
No description available...
3d ago from Motorsport.com
Motorsport Picks: The top 10 IndyCar drivers of 2024
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Solberg's failed Rally Chile protest to be reheard by...
No description available...
1d ago from Motorsport.com
Benched Katsuta sets goals for WRC return at Central...
No description available...
1d ago from Motorsport.com
Skoda reveals Rally2-inspired EV race car concept
No description available...
3d ago from Motorsport.com
FIA: EV, hybrid, ICE power on the table for WRC 2027
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
“I believe by Christmas, he’ll be absolutely...
No description available...
1h ago from SportsKeeda.com
'He was magnificent' – Arsenal forward backed to...
Darren Bent has backed Arsenal forward Gabriel Martinelli to rediscover...
1h ago from CaughtOffside.com
Arsenal left sweating over Bukayo Saka’s fitness as...
No description available...
7h ago from SportsKeeda.com
“Surprisingly, not Thierry Henry” - Theo Walcott...
No description available...
6h ago from SportsKeeda.com
Comments
Hottest News
Horner blames FIA for Red Bull downfall
Christian Horner has attributed an FIA decision... Read More »
3h ago from GPFans.com
Red Bull announce Perez release as Norris delivers...
Red Bull have confirmed a release related to... Read More »
19m ago from GPFans.com
Audi chief REVEALS preferred choice for 2025 lineup
Audi chief Mattia Binotto has revealed the... Read More »
4h ago from GPFans.com