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F1 issues explosive warning to FIA over 'inflated valuation' comments
Article To news overview © XPBimages Tensions between Formula 1 and the FIA have increased following the comments made regarding the rumours of Saudi Arabia's interest in the commercial rights. A letter, seen by RacingNews365.com, was sent to all teams from Sacha Woodward, General Counsel and member of the board of directors at F1, and Renee Wild, chief legal and administrative officer of Liberty Media Corporation, following the comments made by President Mohammed Ben Sulayem on social media. It stated that the FIA President's comments "interfere[d] with our [commercial] rights in an unacceptable manner" when he referred to an "alleged inflated price tag of $20...
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1y ago from RacingNews365.com
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