News Details
Analysis: F1’s ‘Don King Clause’ could block sale of F1’s rights
Article To news overview © XPBimages FIA President Mohammed Ben Sulayem has cautioned prospective purchasers of Formula 1’s commercial rights from current holder Liberty Media to exercise due diligence before committing a reported bid of $20bn (£18bn) on acquiring the remaining 88 years of what was originally a 113-year lease expiring on 31 December 2110. The Emirati’s warning comes after financial media agency Bloomberg on Thursday reported that Saudi Arabia’s Public Investment Fund had been in talks to acquire the lease, claiming these faltered last year. The report stated an offer of $20bn including debt had been made, adding that the talks had not been verified by either party....
Full Story »
Full Story »
2y ago from RacingNews365.com
0
You May Also Be Interested In...
Saudi Arabia wealth fund explored $20b F1 bid –...
Saudi Arabia’s sovereign wealth fund considered an attempt to buy...
2y ago from MotorsportWeek.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
Former backer says ‘no one' wanted to fund de...
Jan.20 The man suing Formula 1 rookie Nyck de Vries over a contract...
2y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: Misano MotoGP victory was the...
Marc Marquez bounced back from his first MotoGP Sprint race retirement of...
1h ago from MotorsportWeek.c...
Winners and losers from MotoGP's San Marino Grand Prix
No description available...
3h ago from Motorsport.com
Toprak Razgatlioglu set for early test debut on...
No description available...
3h ago from Motorsport.com
How Marc Marquez can seal the 2025 MotoGP crown at the...
No description available...
1h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar confirms there will be no race in Mexico in...
No description available...
1d ago from Motorsport.com
IndyCar rules out Mexico City race for 2026
The NTT IndyCar Series has announced that Mexico City will not be...
1d ago from MotorsportWeek.c...
Robert Shwartzman refutes rumors about unhappiness in...
Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Elfyn Evans claims "everything is open"...
No description available...
2h ago from Motorsport.com
Oliver Solberg wants “full season in WRC” after...
No description available...
15h ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
18h ago from Motorsport.com
Sebastien Ogier ‘s clean sweep on Rally Chile –...
Sebastien Ogier and Vincent Landais triumphed on WRC Rally Chile BioBio,...
17h ago from MotorsportWeek.c...
Popular On GunnersToday.com
“I’m not in the competition - I’m a different...
Arsenal defender Riccardo Calafiori named the players with the best...
3h ago from SportsKeeda.com
Arsenal latest: Athletic star in fitness battle for CL...
No description available...
4h ago from SkySports.com
Bilbao : David Raya
Good morning from Bilbao. This is my second blog of the day. To explain, I...
5h ago from Arseblog.com
“Sometimes you don’t have to do it” - Alan...
Premier League legend Alan Shearer has urged Arsenal midfielder Eberechi...
3h ago from SportsKeeda.com
Comments
Hottest News
DOUBLE driver exit announced ahead of Azerbaijan GP
With the 2025 Azerbaijan Grand Prix less than one... Read More »
5h ago from GPFans.com
Christian Horner headache emerges after Red Bull chief's...
A recent update from a Red Bull F1 chief could... Read More »
3h ago from GPFans.com
New Aston Martin signing highlights Adrian Newey impact
Adrian Newey’s arrival at Aston Martin has been... Read More »
1h ago from GPFans.com
