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 »
2y 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...
2y ago from Formula1News.co.uk
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media....
2y 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...
2y 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...
2y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
2d ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
2d ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
2d ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou chooses to view costly Mid-Ohio mistake as...
Alex Palou was not the winner of Sunday’s IndyCar event from Mid-Ohio,...
5h ago from MotorsportWeek.c...
Scott Dixon capitalizes on Alex Palou’s mistake to...
The beginning of a busy stretch for IndyCar got under way on Sunday, with...
7h ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
7h ago from MotorsportWeek.c...
Winners and Losers from the IndyCar Mid Ohio 200
No description available...
5h ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
2d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
3d ago from Motorsport.com
New WRC 2027 regulations draw interest from tuners and...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal ask for player + £10m to part with...
The transfer window always throws up some questionable things – but...
4h ago from FreshArsenal.com
Fenerbahçe table 15m bid for Arsenal forward: 3-year...
There's been lots of news of incomings today, with Viktor Gyokeres talks...
5h ago from FreshArsenal.com
Cristiano Ronaldo wants Al-Nassr to sign Real Madrid...
Cristiano Ronaldo reportedly wants Al-Nassr to sign Rodrygo from Real...
5h ago from SportsKeeda.com
Arsenal put off by 100m demand for priority target,...
According to a report by Sky Germany via GOAL, Arsenal have been put off...
6h ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen shocked by 'extreme' Oscar Piastri penalty
Oscar Piastri received a hefty 10-second time... Read More »
10h ago from RacingNews365.com
FIA announce late demotion for F1 star at British Grand Prix
Things have just gone from bad to worse for one... Read More »
16h ago from GPFans.com
F1: Stewards explain Piastri penalty
Silverstone stewards explain why Oscar Piastri... Read More »
10h ago from Pitpass.com
