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
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
3h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
6h ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
1d ago from Motorsport.com
Pushing aero to the limit: The evolution of winglets...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
6h ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
5h ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
18h ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
9h ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
7h ago from Motorsport.com
Why defending champion Yazeed Al-Rajhi retired from...
No description available...
1d ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'They deduct his salary if he doesn't start' - Fans...
Liverpool fans have reacted to Arne Slot’s decision to name Cody Gakpo...
36m ago from SportsKeeda.com
'Where is he?', 'Was hoping he would start' - Fans...
Arsenal fans on social media are questioning Mikel Arteta for benching a...
36m ago from SportsKeeda.com
Arsenal v Liverpool – live blog
Join us for live blog coverage of our Premier League clash at home to...
1h ago from Arseblog.com
David Ornstein confirms Arsenal 'in touch' over...
Reliable journalist David Ornstein has got Arsenal fans excited by...
1h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff addresses Mercedes power unit superiority...
Toto Wolff has delivered a telling update on... Read More »
3h ago from MotorsportWeek.com
The potential legal loophole stalling the alleged Christian...
Christian Horner might have to wait until... Read More »
1h ago from MotorsportWeek.com
New McLaren signing reveals moment with Zak Brown that...
One of the latest motorsport stars to sign with... Read More »
46m ago from GPFans.com
