News Details

FIA ‘only rented out' F1 rights – president

Jan.26 FIA president Mohammed Ben Sulayem insists that Formula 1's governing body will have a say on who controls the commercial rights. This week, F1's American owner Liberty Media lashed back at Ben Sulayem after he said the FIA is 'cautious' about reports that Saudi Arabia is interested in buying the sport for $20 billion. Formula 1's legal department slammed the FIA chief's comments as 'unacceptable', insisting Liberty Media has the 'exclusive right' to 'exploit the commercial rights'. F1 concluded by threatening potential legal action against the FIA, indicating that the new-in-2022 president of the Paris-based federation has kicked off a period of potential internal conflict....
Full Story »
Share

You May Also Be Interested In...

Pirelli issue warning ahead of Fernando Alonso's Aston...

According to Motorsport.com, Fernando Alonso will be taking part in...
2y ago from Formula1News.co.uk

Ferrari criticised for being ‘unwatchable' as...

Ex-Formula 1 and Ferrari driver Jean Alesi has tipped the Scuderia's...
2y ago from Formula1News.co.uk

Fernando Alonso makes ‘not really relevant'...

Double World Champion Fernando Alonso is seemingly very excited about the...
2y ago from Formula1News.co.uk

Aston Martin claim they've discovered ‘small...

Aston Martin deputy technical director Eric Blandin has revealed that the...
2y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin set to return at Czech MotoGP weekend...

Reigning MotoGP champion Jorge Martin is set to return to action at the...
21h ago from MotorsportWeek.c...

Maverick Vinales: ‘It was a big mistake’ to reject...

Maverick Vinales admitted it was a “big mistake” to reject offers...

Popular On IndyCarToday.com

Scott Dixon bet on two stop strategy after he saw...

Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...

IndyCar Mid-Ohio – Race Results

IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...

Popular On TotalWRC.com

Popular On GunnersToday.com

'About to go to a new level' – Despite Arsenal...

You'll likely have seen by now that Arsenal are closing in on Noni...
38m ago from CaughtOffside.com

Fabrizio Romano confirms 'green light' for Arsenal to...

Fabrizio Romano has confirmed that Noni Madueke to Arsenal is now 'here we...
1h ago from CaughtOffside.com

“They keep describing this as a welcome to the...

Christian Norgaard has revealed that Arsenal captain Martin Odegaard and...
38m ago from SportsKeeda.com

Christian Norgaard signs, Madueke fee agreed +...

Morning, it's a busy Friday and a very warm Friday here in Dublin. There...
28m ago from Arseblog.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.