News Details
FIA president reminds Formula 1 they are ‘only renting'
Tensions between Formula 1 and the FIA continue to escalate following comments made by FIA president Mohammed Ben Sulayem, where he shared his ‘caution' over a $20 billion bid from Saudi Arabia. Ben Sulayem's comments have infuriated Formula 1 bosses and owners Liberty Media, who bought the sport in 2017 for $4.6 billion. It was reported by Bloomberg that Saudi Arabia attempted to purchase the sport last year from the Americans; however, their extortionate bid was rejected. The FIA president has since been heavily criticised for his 'unacceptable' comments regarding the offer and any potential bidder for the sport, with Formula 1’s legal department having insisted that Liberty...
Full Story »
Full Story »
1y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Revealed: Saudi government tried to purchase Formula 1...
The influence of the Middle East in Formula 1 is continuing to grow year...
1y ago from Formula1News.co.uk
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media....
1y ago from GPBlog.com
Saudi Arabia wealth fund explored bid for Formula 1
Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1...
1y 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...
1y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia: Wins won’t be enough to defend MotoGP title...
No description available...
9h ago from Motorsport.com
MotoGP Thailand GP: Bastianini wins sprint as Martin...
No description available...
13h ago from Motorsport.com
Martin not focused on playing the points game despite...
No description available...
8h ago from Motorsport.com
Francesco Bagnaia steamrolls to Thai MotoGP pole
Two-time MotoGP champion Francesco Bagnaia steamrolled the field to secure...
17h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IMS debuts 11 special Taylor Swift helmets to...
Indianapolis Motor Speedway revealed 11 special racing helmets on Friday,...
1d ago from MotorsportWeek.c...
Pushing for innovation: IndyCar's need for an...
No description available...
2d ago from Motorsport.com
Graham Rahal hoping better luck helps him rebound in...
Graham Rahal believes a continued streak of bad luck has played a major...
4d ago from MotorsportWeek.c...
Malukas reflects on turbulent 2024 IndyCar season that...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Lancia launches its return to rally with Ypsilon Rally4
No description available...
1d ago from Motorsport.com
Solberg sheds light on 2025 WRC Rally1/Rally2 conundrum
No description available...
2d ago from Motorsport.com
Kuldar Sikk recovering from broken spine at Central...
Kuldar Sikk broke his spine and underwent emergency surgery after an...
4d ago from TheCheckeredFlag...
Hyundai yet to make 2025 WRC third driver call as...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
David Raya claims Arsenal will not curb their...
t;li>David Raya: ‘We should celebrate every win the same’Goalkeeper...
41m ago from TheGuardian.com
Pundit urges Mikel Arteta to find Arsenal's...
Danny Murphy has dismissed calls that Arsenal have become a ‘boring'...
31m ago from CaughtOffside.com
Title showdown - expert says Slot could dent Arsenal's...
Liverpool expert David Lynch has suggested that Arsenal would find it...
51m ago from SportsMole.co.uk
Liverpool are better at replacing legends but Arteta...
at predecessor syndrome has not stood in Arne Slot’s way and the Wenger...
41m ago from TheGuardian.com
Comments
Hottest News
F1 Qualifying Results: McLaren AND Red Bull eliminated in...
Home hero Sergio Perez was knocked out of Mexican... Read More »
51m ago from GPFans.com
Ricciardo hit with BRUTAL 'lack of talent' jibe from former...
Daniel Ricciardo's 'natural talent' in Formula 1... Read More »
1h ago from GPFans.com
LIVE: 2024 F1 Mexican Grand Prix - Qualifying
Follow along with live coverage from the... Read More »
2h ago from RacingNews365.com