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Saudi Arabia wealth fund explored $20b F1 bid – report
Saudi Arabia’s sovereign wealth fund considered an attempt to buy Formula 1 from Liberty Media for a price tag of “well over $20 billion”. Liberty Media has owned F1’s commercial rights since 2017, having completed its own purchase for $4.4b. Saudi Arabia has been adding to its sporting portfolio across the last several years, which […]
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1y ago from MotorsportWeek.com
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