News Details

Angry F1 chiefs call out Ben Sulayem for 'unacceptable' remarks

Grand Prix racing's chiefs have reacted to Mohammed Ben Sulayem's comments on the potential $20 billion valuation of F1, calling the FIA president's remarks "unacceptable" and accusing him of "interfering" with the sport's commercial rights. Last week, a report from Bloomberg alleged that Saudi Arabia's sovereign wealth fund had held talks last year with Liberty Media regarding a potential takeover of F1, with a $20 billion valuation supposedly assigned to the sport. The report claimed that while Liberty Media had rebuffed the offer, Saudi Arabia's Public Investment Fund remained interested in acquiring F1. On Monday, Ben Sulayem addressed the report on Twitter,...
Full Story »
3y ago from F1i.com 0
Share

You May Also Be Interested In...

FIA president calls alleged $20B valuation of F1...

FIA president Mohammed Ben Sulayem says he is skeptical of the $20B...
3y ago from F1i.com

F1 send furious letter to FIA - president accused of...

F1 chiefs have accused Mohammed Ben Sulayem of behaving "in an...
3y ago from GPFans.com

Reports: F1 issues explosive warning to FIA over...

Article To news overview © XPBimages Tensions between Formula 1 and the...
3y ago from RacingNews365.com

Revealed: Saudi government tried to purchase Formula 1...

The influence of the Middle East in Formula 1 is continuing to grow year...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu: MotoGP's newest superstar

On one fateful day, June 10, 2025, news finally broke that would mark one...
55m ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Tim Cindric returns to Penske in race strategist role

Team Penske has announced the strategist line-up for its 2026 IndyCar...
13h ago from MotorsportWeek.c...

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Popular On TotalWRC.com

Popular On GunnersToday.com

Fabrizio Romano says Arsenal star flying out today to...

Arsenal left-back Oleksandr Zinchenko is reportedly flying out today to...
1h ago from CaughtOffside.com

Gary Lineker predicts whether Arsenal can win...

England legend Gary Lineker has backed Arsenal to win the UEFA Champions...
1h ago from SportsKeeda.com

BBC reports huge boost for Arsenal as wonderkid deal...

Max Dowman has signed a scholarship contract with Arsenal in a huge boost...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.