News Details
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media. According to Bloomberg the Gulf state reportedly held talks with Liberty Media in 2022 but the current owner of Formula 1 turned down the bid. Article continues under ad The bid was reportedly made via the Public Investment Fund (PIF), a state investment fund owned by the Saudi government. PIF's bid would amount to $20 billion, almost five times what Liberty Media put down in 2017. The deal is said to have eventually fallen through as Liberty Media allegedly turned down the bid, but according to Bloomberg, PIF does not intend to stop there and is said to still be interested in taking over Formula 1. Saudi Arabia is...
Full Story »
Full Story »
2y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 stars 'would not be dominant in Formula E'
Formula 1 superstars like Max Verstappen and Lewis Hamilton wouldn't be...
2y ago from F1i.com
Silverstone boss fires shot at Bernie Ecclestone
Silverstone's managing director Stuart Pringle has sung the praises of...
2y ago from Formula1News.co.uk
Ex-F1 team owner reveals he rejected ‘several...
Ex-Formula 1 driver Gerhard has revealed that he's decided to re-evaluate...
2y ago from Formula1News.co.uk
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
Elsewhere On The Network
Popular On MGPToday.com
MotoGP exploring options to return to China after...
MotoGP series promoter Dorna is reportedly considering a return to China...
2h ago from MotorsportWeek.c...
Why KTM would be wise to prepare for a future without...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
5d ago from MotorsportWeek.c...
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
6d ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
1w ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
6d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Why WRC drivers thought Rally Saudi Arabia was too...
No description available...
23h ago from Motorsport.com
Ott Tanak looking forward to break from full-time...
No description available...
2d ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta hails ‘more reliable’ Arsenal squad...
t;li>Manager confident squad-building lessons learned He hopes Havertz...
1h ago from TheGuardian.com
Arsenal latest: Arteta to speak ahead of Brentford...
No description available...
3h ago from SkySports.com
Arsenal vs Brentford preview: Saliba, Trossard to be...
No description available...
2h ago from SkySports.com
Press conference questions + A trophy in December
Morning all. It's pretty non-stop at the moment, and Mikel Arteta will...
5h ago from Arseblog.com
Comments
Hottest News
Carlos Sainz makes Williams declaration after Qatar podium
Carlos Sainz has claimed that he would have... Read More »
1h ago from MotorsportWeek.com
Yuki Tsunoda has Plan B issue after discovering Red Bull...
Yuki Tsunoda has hinted at the outcome of Red... Read More »
3h ago from GPFans.com
Max Verstappen claims Ferrari have unsettled Lewis Hamilton
Lewis Hamilton’s Ferrari torment has been... Read More »
2h ago from GPFans.com
