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
FIM announces two-year MotoGP engine freeze from 2025
No description available...
3h 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...
3h ago from MotorsportWeek.c...
Michelin announces postponement of new MotoGP front...
MotoGP tyre manufacturer Michelin has announced it has postponed the...
1h ago from MotorsportWeek.c...
Ducati halts GP24 bike development amid Martin,...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar’s Arlington circuit layout will leave...
No description available...
20h ago from Motorsport.com
Indy NXT champion Foster signs multi-year deal with...
No description available...
1d ago from Motorsport.com
IndyNXT champion Louis Foster joins IndyCar with RLL
Rahal Letterman Lanigan Racing announced Wednesday that it has signed...
1d ago from MotorsportWeek.c...
Motorsport Picks: The top 10 IndyCar drivers of 2024
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Skoda reveals Rally2-inspired EV race car concept
No description available...
23h ago from Motorsport.com
FIA: EV, hybrid, ICE power on the table for WRC 2027
No description available...
1d ago from Motorsport.com
Ducati MotoGP star to pilot Group B WRC rally car
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'They’re working hard behind the scenes to get to...
No description available...
49m ago from SportsKeeda.com
Jurgen Klopp's new job, William Saliba transfer latest...
This article on Jurgen Klopp and more transfer news was originally...
19m ago from CaughtOffside.com
“I told him to watch out!” - Riccardo Calafiori on...
No description available...
3h ago from SportsKeeda.com
Arsenal 'working hard behind the scenes' on key...
Arsenal are reportedly working hard behind the scenes on improving their...
2h ago from CaughtOffside.com
Comments
Hottest News
Oliver Rowland ‘on a par' with Max Verstappen, says...
FIA Formula E driver Oliver Rowland has received... Read More »
1h ago from MotorsportWeek.com
Ferrari’s Clear reveals Sainz win that ‘really hurt’...
Ferrari senior performance engineer Jock Clear... Read More »
2h ago from F1i.com
Rosberg warns Aston Martin and Newey: 'Look at PSG'
Nico Rosberg has warned Aston Martin to proceed... Read More »
3h ago from GPBlog.com