News Details

Angry F1 chiefs call out Ben Sulayem for 'unacceptable' remarks

Grand Prix racing's chiefs have reacted to Mohammed Ben Sulayem's comments on the potential $20 billion valuation of F1, calling the FIA president's remarks "unacceptable" and accusing him of "interfering" with the sport's commercial rights. Last week, a report from Bloomberg alleged that Saudi Arabia's sovereign wealth fund had held talks last year with Liberty Media regarding a potential takeover of F1, with a $20 billion valuation supposedly assigned to the sport. The report claimed that while Liberty Media had rebuffed the offer, Saudi Arabia's Public Investment Fund remained interested in acquiring F1. On Monday, Ben Sulayem addressed the report on Twitter,...
Full Story »
1w ago from F1i.com 0
Share

You May Also Be Interested In...

FIA president calls alleged $20B valuation of F1...

FIA president Mohammed Ben Sulayem says he is skeptical of the $20B...
1w ago from F1i.com

F1 send furious letter to FIA - president accused of...

F1 chiefs have accused Mohammed Ben Sulayem of behaving "in an...
1w ago from GPFans.com

Reports: F1 issues explosive warning to FIA over...

Article To news overview © XPBimages Tensions between Formula 1 and the...
1w ago from RacingNews365.com

Revealed: Saudi government tried to purchase Formula 1...

The influence of the Middle East in Formula 1 is continuing to grow year...
2w ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ericsson sets fastest lap of IndyCar pre-season test

Last year’s Indianapolis 500 winner, Marcus Ericsson, has driven his...
1d ago from SpeedCafe.com

Herta fastest in first day of IndyCar preseason testing

The NTT IndyCar Series was on track Thursday for the first open test...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta could unearth his next Saliba in Arsenal’s...

The date is 12th July 2021 and there is disgruntlement amongst Arsenal...

Newcastle remain interested in Arsenal target ahead of...

Newcastle remain interested in Arsenal target Youri Tielemans ahead of a...
1h ago from CaughtOffside.com

Premier League Team of the Week - Marcus Rashford,...

Sports Mole picks its Premier League Team of the Week, including Marcus...
3h ago from SportsMole.co.uk

Arsenal and Newcastle interested in signing Juventus...

Arsenal and Newcastle are interested in signing Juventus midfielder Manuel...
6h ago from CaughtOffside.com

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.