News Details
Saudis eyeing bid for F1?
Writing for Switzerland's Blick, veteran journalist, Roger Benoit claims that Saudi Arabia is mulling purchasing Formula One from Liberty Media. 'The Americans seem to have lost interest in their multibillion-dollar toy,' he writes, according to F1i.com. 'Ironically, the Saudis are now at the door with their suitcases for a takeover from the Americans.' In fact, Liberty hasn't 'lost interest', it is both disillusioned by F1, realising that it isn't the sport it thought it was, and struggling to make it financially viable. Pitpass has heard talk of the Saudis making an approach for some time, and follows talk of a Grand Prix in Saudi Arabia, a move which as recently as 2018, Ross Brawn had...
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4y ago from Pitpass.com
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