News Details
This is why Liberty Media rejected Saudi Arabia's F1 takeover bid
FIA president Mohammed Ben Sulayem has stunned Formula 1 after taking to social media to state that the sport isn't worth £16 billion, following a reported failed takeover attempt by Saudi Arabia a year ago. Ben Sulayem released three tweets entailing what a potential Formula 1 buyer should consider, with many now questioning if the FIA president has overstepped his role as regulator. The current owners of F1, Liberty Media, failed to comment on the story, which was reported by Bloomberg, with the American company having owned the sport since 2017, following a $4.6 billion takeover. Sources are suggesting that the story isn't completely accurate, with the reported fee having been...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
FIA president issues unusual warning after Saudi...
FIA president Mohammed Ben Sulayem is 'cautious' about a reported...
2y ago from Formula1News.co.uk
F1 and Liberty Media furious: 'Ben Sulayem went beyond...
Formula 1 and Liberty Media have sent a critical letter to the FIA in...
2y ago from GPBlog.com
Formula 1 and Liberty Media send angry letter to FIA:...
Formula 1 and Liberty Media have sent a critical letter to the FIA in...
2y ago from GPBlog.com
F1 and Liberty Media furious: 'This oversteps the...
Formula 1 and Liberty Media have sent a critical letter to the FIA in...
2y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez recalls the ‘super difficult...
Marc Marquez discusses his previous MotoGP career decision to depart...
1h ago from MotorsportWeek.c...
Why Ducati faces its most complicated contract renewal...
No description available...
1h ago from Motorsport.com
Marc Marquez buries 10-year clash with Valentino...
No description available...
23h ago from Motorsport.com
Why Fabio Quartararo feels he needs to...
Fabio Quartararo is using the MotoGP winter break to recharge and...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
1d ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
1d ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w 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...
Popular On TotalWRC.com
Hyundai upgrading Rally2 car to “cover all bases”...
No description available...
21h ago from Motorsport.com
Why WRC drivers thought Rally Saudi Arabia was too...
No description available...
3d ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Episode 856 – Ben's back
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
42m ago from Arseblog.com
Riccardo Calafiori striking the balance between chaos...
In the Premier League this season, Riccardo Calafiori has averaged 1.83...
22m ago from Arseblog.com
Roy Keane makes emphatic Premier League title...
Former Manchester United midfielder and seven time Premier League title...
4h ago from CaughtOffside.com
Sources reveal Arsenal could accelerate deal for...
Arsenal manager Mikel Arteta is a big fan of Villarreal attacking...
3h ago from CaughtOffside.com
Comments
Hottest News
Piastri ‘the real danger' for Norris in finale
Dec.4 Lando Norris has been warned that his... Read More »
6h ago from OneStopStrategy.com
F1: FIA election to proceed, but...
The forthcoming election which will see Mohammed... Read More »
2h ago from Pitpass.com
Lando Norris not willing to ask McLaren to use team orders...
Lando Norris has revealed he would be unwilling... Read More »
1h ago from MotorsportWeek.com
