News Details
FIA president reminds Formula 1 they are ‘only renting'
Tensions between Formula 1 and the FIA continue to escalate following comments made by FIA president Mohammed Ben Sulayem, where he shared his ‘caution' over a $20 billion bid from Saudi Arabia. Ben Sulayem's comments have infuriated Formula 1 bosses and owners Liberty Media, who bought the sport in 2017 for $4.6 billion. It was reported by Bloomberg that Saudi Arabia attempted to purchase the sport last year from the Americans; however, their extortionate bid was rejected. The FIA president has since been heavily criticised for his 'unacceptable' comments regarding the offer and any potential bidder for the sport, with Formula 1’s legal department having insisted that Liberty...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Revealed: Saudi government tried to purchase Formula 1...
The influence of the Middle East in Formula 1 is continuing to grow year...
2y ago from Formula1News.co.uk
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media....
2y ago from GPBlog.com
Saudi Arabia wealth fund explored bid for Formula 1
Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1...
2y ago from F1i.com
Saudi Arabia wealth fund explored $20M bid for Formula...
Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1...
2y ago from F1i.com
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...
1d ago from MotorsportWeek.c...
Lorenzo lands front row Start for Indianapolis GP
No description available...
1d ago from Motorsport.com
Marquez and Pedrosa complete perfect 1-2 in qualifying...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Pietro Fittipaldi is fueled by 5-Hour Energy and lots...
No description available...
1d ago from Motorsport.com
How Scott Dixon pulled off another fuel-saving...
No description available...
2d ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
3d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Saudi’s first female racer welcomes a new future for...
No description available...
1d ago from Motorsport.com
F1 celebrates historic milestone with big events and...
No description available...
1d ago from Motorsport.com
Why Abu Dhabi is launching an ambitious new autonomous...
No description available...
1d ago from Motorsport.com
Wickens proves he’s ready for his new challenge
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Revealed: Arsenal considering bid for 50m-rated wing...
Arsenal are keeping an eye out for other options in attack alongside...
41m ago from CaughtOffside.com
'About to go to a new level' – Despite Arsenal...
You'll likely have seen by now that Arsenal are closing in on Noni...
1h 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...
2h ago from CaughtOffside.com
“They keep describing this as a welcome to the...
Christian Norgaard has revealed that Arsenal captain Martin Odegaard and...
1h ago from SportsKeeda.com
Comments
Hottest News
Reason for Christian Horner's Red Bull sacking 'revealed'
More light has been shed on the reasons behind... Read More »
12h ago from GPFans.com
Christian Horner's F1 replacement delivers first message...
The man replacing Christian Horner as Red Bull's... Read More »
50m ago from GPFans.com
WEC Interlagos 6-Hour Preview: Who can stop Ferrari in...
Ferrari's Hypercar team remains unbeaten in four... Read More »
51m ago from GrandPrix247.com
