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 »
1mo 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...
2mo ago from Formula1News.co.uk
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media....
2mo 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...
2mo 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...
2mo ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia: ‘My riding style suits this bike better’...
Portuguese Grand Prix winner Francesco Bagnaia fired a warning shot to the...
1h ago from MotorsportWeek.c...
Marquez ‘fully accepts' Argentina penalty...
Marc Marquez has been slapped with a double long-lap penalty for the next...
3h ago from MotorsportWeek.c...
Revealed: Podium trio’s shock as they chat about...
No description available...
4h ago from Crash.net
Vinales: ‘stewards need to work hard’, turn three...
No description available...
4h ago from Crash.net
Popular On IndyCarToday.com
Aussie Hughes takes USF2000 win in Sebring
'The race was pretty solid. I managed to get into the lead at the first...
18h ago from SpeedCafe.com
McLaughlin accepted too much blame for Grosjean crash
'Looking back on it now, I probably took more of the blame than I probably...
1d ago from SpeedCafe.com
IndyCar engine manufacturers hold 2024 hybrid test at...
For the past couple days, the Indianapolis Motor Speedway road course has...
2d ago from MotorsportWeek.c...
Gainbridge joins Andretti in supporting Wheldon...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Tanak: M-Sport "car and me, a mismatch" in...
No description available...
5d ago from Motorsport.com
WRC Mexico: The Good, the Bad and legend at his peak
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'He gets better and better' - England legend names...
No description available...
1h ago from SportsKeeda.com
'Already a legend' - Eagle-eyed Arsenal fans feel...
No description available...
42m ago from SportsKeeda.com
“Wonderfully gifted footballer” - Gary Lineker...
No description available...
2h ago from SportsKeeda.com
Video: Bukayo Saka scores stunner to double England's...
England are 2-0 up against Ukraine in their EURO 2024 qualifying match and...
3h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen's dad fires insult at Sergio Perez after...
Max Verstappen was forced out of qualifying... Read More »
2h ago from Formula1News.co.uk
FIA quietly removes controversial rule
Since the introduction of a new era of technical... Read More »
1h ago from Formula1News.co.uk
Ferrari boss claims Sergio Perez could ‘easily'...
Max Verstappen and Sergio Perez traded victories... Read More »
4h ago from Formula1News.co.uk
