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 »
3y 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...
3y ago from Formula1News.co.uk
'Saudi Arabia attempted to purchase F1'
Saudi Arabia reportedly tried to buy over Formula One from Liberty Media....
3y 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...
3y 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...
3y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
16h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
1d ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
21h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Will Arsenal captain Martin Odegaard make it to the...
Martin Odegaard has been missing in action for Arsenal in recent weeks,...
54m ago from CaughtOffside.com
Sources: Arsenal among clubs who 'love' this...
Arsenal are among the clubs interested in an ambitious potential transfer...
1h ago from CaughtOffside.com
England still in good position for fifth Champions...
England are still in a commanding position to secure a fifth Champions...
1h ago from SkySports.com
Champions League round-up + quarter-final dates/times...
Morning all. In a season of high stress and no little anxiety, maybe...
2h ago from Arseblog.com
Comments
Hottest News
Fred Vasseur not convinced new Formula 1 engine compression...
The Formula 1 grid was blindsided by Mercedes'... Read More »
3h ago from GrandPrix247.com
Steiner calls out Verstappen: ‘It’s not the rules –...
The heated debate around Formula 1’s 2026... Read More »
44m ago from F1i.com
FIA set to fast-track engine ‘catch-up' rules
Mar.19 Formula 1's governing body is poised to... Read More »
3h ago from OneStopStrategy.com
