News Details

Angry F1 chiefs call out Ben Sulayem for 'unacceptable' remarks

Grand Prix racing's chiefs have reacted to Mohammed Ben Sulayem's comments on the potential $20 billion valuation of F1, calling the FIA president's remarks "unacceptable" and accusing him of "interfering" with the sport's commercial rights. Last week, a report from Bloomberg alleged that Saudi Arabia's sovereign wealth fund had held talks last year with Liberty Media regarding a potential takeover of F1, with a $20 billion valuation supposedly assigned to the sport. The report claimed that while Liberty Media had rebuffed the offer, Saudi Arabia's Public Investment Fund remained interested in acquiring F1. On Monday, Ben Sulayem addressed the report on Twitter,...
Full Story »
2y ago from F1i.com 0
Share

You May Also Be Interested In...

FIA president calls alleged $20B valuation of F1...

FIA president Mohammed Ben Sulayem says he is skeptical of the $20B...
2y ago from F1i.com

F1 send furious letter to FIA - president accused of...

F1 chiefs have accused Mohammed Ben Sulayem of behaving "in an...
2y ago from GPFans.com

Reports: F1 issues explosive warning to FIA over...

Article To news overview © XPBimages Tensions between Formula 1 and the...
2y ago from RacingNews365.com

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

Elsewhere On The Network

Popular On MGPToday.com

Luca Marini highlights areas of ‘great...

Luca Marini believes Honda is making significant progress but sees one...

Popular On IndyCarToday.com

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Kalle Rovanpera quits rallying

Toyota Gazoo Racing World Rally Team driver Kalle Rovanperä has...

Popular On GunnersToday.com

Best goals, biggest gaffes: Premier League fans assess...

Guardian’s fans network on the opening stages of 2025-26: their...
2h ago from TheGuardian.com

Interlull round-up: Zubimendi needs his dog

Morning. A quick Sunday round-up, looking at which of our players were in...
2h ago from Arseblog.com

Sources: Arsenal and Man United send scouts to watch...

FC Nantes’ prodigy Tylel Tati has attracted interest from the top clubs...
3h ago from CaughtOffside.com

David Raya claims 26-year-old Arsenal star has better...

Arsenal keeper David Raya has claimed that Martin Zubimendi has the best...
18h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.