News Details
Liberty Media react to Saudi Arabia buyout
Liberty Media CEO Greg Maffei has ruled out selling Formula 1 to Saudi Arabia’s Public Investment Fund, silencing rumours of a $20 billion deal. Formula 1 has been thriving in recent years, as its popularity in America has seen the sport’s commercial success grow exponentially. Saudi Arabia is already on the Formula 1 calendar, with the Saudi Arabian Grand Prix around the Jeddah Cornich Circuit featuring on the calendar since 2021. The country is looking to grow its role in the industry through a second race, planned for the city of Qiddya. Want to work in Formula 1? Browse the latest F1 job vacancies Saudi Arabia’s state-owned oil and gas company Aramco is also a key sponsor of the...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Spanish businessman claims Formula 1 will race in...
Alejandro Agag, a Spanish businessman and boss of Formula E, has claimed...
2y ago from Formula1News.co.uk
Liberty Media won't sell the rights: 'We are excited'
Formula 1's commercial rights holder Liberty Media has no plans to sell...
2y ago from GPBlog.com
Christian Horner backs Lewis Hamilton
Christian Horner and Lewis Hamilton have sided with one another in a rare...
2y ago from Formula1News.co.uk
Formula 1 CEO fires shot at Bernie Ecclestone
Formula 1 has seen a significant spike in interest across America in...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
3d ago from MotorsportWeek.c...
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
2d ago from Motorsport.com
How Aprilia believes it “overreached our target”...
No description available...
3d ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
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...
5d ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
6d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
5d ago from Motorsport.com
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak looking forward to break from full-time...
No description available...
8h ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
1d ago from Motorsport.com
Sebastien Ogier wins 9th WRC title, Thierry Neuville...
Sebastien Ogier won his ninth WRC title in Saudia Arabia and Vincent...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'At full speed it doesn't look that bad!' |...
Daniel Sturridge and Theo Walcott share their opinion of Moises Caicedo's...
44m ago from SkySports.com
'You gotta be kidding me,' 'Big, big miss' - Arsenal...
Arsenal fans on X are in disbelief upon learning that William Saliba will...
2h ago from SportsKeeda.com
Chelsea v Arsenal – live blog
Join us for live blog coverage of our Premier League clash at away to...
2h ago from Arseblog.com
'Pray for Arsenal', 'That's good to see' - Chelsea...
Chelsea fans have been left surprised by Enzo Maresca's decision to start...
2h ago from SportsKeeda.com
Comments
Hottest News
2025 F1 championship standings after Qatar Grand Prix
Check out the 2025 F1 championship standings... Read More »
54m ago from RacingNews365.com
'Oscar Piastri has to leave!' F1 fans fury after McLaren...
Some F1 fans have continued to fall for McLaren... Read More »
4h ago from GPFans.com
F1 Results Today: Max Verstappen takes big stride to title...
Max Verstappen took a vital victory at this... Read More »
54m ago from GPFans.com
