News Details

Saudis eyeing bid for F1?

Writing for Switzerland's Blick, veteran journalist, Roger Benoit claims that Saudi Arabia is mulling purchasing Formula One from Liberty Media. 'The Americans seem to have lost interest in their multibillion-dollar toy,' he writes, according to F1i.com. 'Ironically, the Saudis are now at the door with their suitcases for a takeover from the Americans.' In fact, Liberty hasn't 'lost interest', it is both disillusioned by F1, realising that it isn't the sport it thought it was, and struggling to make it financially viable. Pitpass has heard talk of the Saudis making an approach for some time, and follows talk of a Grand Prix in Saudi Arabia, a move which as recently as 2018, Ross Brawn had...
Full Story »
4mo ago from Pitpass.com 0
Share

You May Also Be Interested In...

Mazepin may be eyeing second Alfa Romeo seat

Sep.8 Nikita Mazepin has hinted that he and his powerful financial...
4mo ago from OneStopStrategy.com

Saudi Arabian group eyes F1 takeover – report

Sep.13 A group from Saudi Arabia is reportedly poised to buy Formula 1's...
4mo ago from OneStopStrategy.com

Sauber turns down Andretti buyout bid

Sep.12 Michael Andretti has failed in a reported bid to buy the Alfa...
4mo ago from OneStopStrategy.com

Saudi Arabia reportedly mulling a bid for Formula 1!

Saudi Arabia is reportedly ready to take over Formula 1 from current...
4mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

RNF Yamaha squad unveils 2022 MotoGP paint scheme

The re-branded RNF Racing MotoGP outfit have revealed the colours that...

Dovizioso: Follow each bike's DNA, but use your...

Since making his MotoGP debut in 2008 Andrea Dovizioso, who replaces...
9h ago from Crash.net

Popular On IndyCarToday.com

McLaughlin confirms iconic colours for 2022...

Scott McLaughlin will tackle the Indianapolis 500 for a second time in 2022
6h ago from SpeedCafe.com

Popular On TotalWRC.com

Motorsport Monday: Issue 451 FREE to read now

The World Rally Championship exploded back into action last weekend, with...
19h ago from MotorsportWeek.c...

Loeb snatches Rally Monte Carlo victory for M-Sport

Sébastien Loeb became the oldest winner of an FIA World Rally...

Popular On GunnersToday.com

Juventus 'agree £56.2m deal for Fiorentina's Dusan...

Juventus reportedly reach a £56.2m agreement for Arsenal and Tottenham...
5h ago from SportsMole.co.uk

Leicester City's Youri Tielemans 'set for talks with...

Arsenal are reportedly set to continue talks with Leicester City...
6h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.