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 Martin: 'Marco Bezzecchi and I are not friends,...
No description available...
7h ago from Motorsport.com
Luca Marini suggests new Safety Commission model amid...
No description available...
8h ago from Motorsport.com
Ducati confident about Marc Marquez’s level: “He...
No description available...
9h ago from Motorsport.com
Maverick Vinales 'feeling good’ ahead of MotoGP...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward quickest as Takuma Sato previews Indy...
For the third consecutive day, the 33 drivers of the 110th Indianapolis...
2h ago from MotorsportWeek.c...
Indy 500 Day 3 practice results: Pato O'Ward leads at...
No description available...
2h ago from Motorsport.com
Last year’s Indy 500 defeat “hurt more than...
No description available...
4h ago from Motorsport.com
Popular On TotalWRC.com
Why returning to the WRC podium was so important for...
No description available...
1d ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
4d ago from Motorsport.com
WRC Portugal: Thierry Neuville inherits lead as...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal working tirelessly to sign 20-G/A Real Madrid...
Arsenal are looking to sign the Turkish playmaker Arda Guler at the end of...
8h ago from CaughtOffside.com
Episode 876 – London calling
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
7h ago from Arseblog.com
1 in, 1 out: Arsenal ready to replace recent signing...
Arsenal are reportedly showing an interest in the potential signing of...
10h ago from CaughtOffside.com
Paul Merson predicts Arsenal vs Burnley, Chelsea vs...
That win for Manchester City against Crystal Palace puts a bit of pressure...
11h ago from SportsKeeda.com
Comments
Hottest News
Goodbye Papaya rules? F1 insider shares update over...
Has there ever been a phrase in F1 as grating as... Read More »
3h ago from GPFans.com
Max Verstappen tiptoes through vital milestone in second...
The second qualifying session for the 24 Hours of... Read More »
2h ago from RacingNews365.com
Nurburgring 24 Hours with Max Verstappen - Qualifying 2...
Heavy rain throughout the second session had a... Read More »
2h ago from RacingNews365.com
