News Details
Liberty Media react to Saudi Arabia buyout
Liberty Media CEO Greg Maffei has ruled out selling Formula 1 to Saudi Arabia’s Public Investment Fund, silencing rumours of a $20 billion deal. Formula 1 has been thriving in recent years, as its popularity in America has seen the sport’s commercial success grow exponentially. Saudi Arabia is already on the Formula 1 calendar, with the Saudi Arabian Grand Prix around the Jeddah Cornich Circuit featuring on the calendar since 2021. The country is looking to grow its role in the industry through a second race, planned for the city of Qiddya. Want to work in Formula 1? Browse the latest F1 job vacancies Saudi Arabia’s state-owned oil and gas company Aramco is also a key sponsor of the...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Spanish businessman claims Formula 1 will race in...
Alejandro Agag, a Spanish businessman and boss of Formula E, has claimed...
2y ago from Formula1News.co.uk
Liberty Media won't sell the rights: 'We are excited'
Formula 1's commercial rights holder Liberty Media has no plans to sell...
2y ago from GPBlog.com
Christian Horner backs Lewis Hamilton
Christian Horner and Lewis Hamilton have sided with one another in a rare...
2y ago from Formula1News.co.uk
Formula 1 CEO fires shot at Bernie Ecclestone
Formula 1 has seen a significant spike in interest across America in...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Pirelli to hold first MotoGP test in Misano with test...
No description available...
20h ago from Motorsport.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
23h ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
5d ago from Motorsport.com
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
1d ago from Motorsport.com
Kirkwood relieved to be rid of ‘street course...
Until this weekend at World Wide Technology Raceway, all of Kyle...
19h ago from MotorsportWeek.c...
Rasmussen passes most cars in Sunday night’s IndyCar...
Christian Rasmussen put on a show for fans Sunday night, passing more...
22h ago from MotorsportWeek.c...
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
4d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal make shock offer to sign 31-year-old star who...
No description available...
1h ago from SportsKeeda.com
Real Madrid reject chance to sign 27-year-old star...
Real Madrid reportedly rejected the chance to sign Manchester United and...
1h ago from SportsKeeda.com
Report: Arsenal dealt further blow amid 'frustrations'...
Arsenal reportedly look to have been dealt a further blow in their...
4h ago from CaughtOffside.com
Revealed: Want-away Arsenal star in positive transfer...
Arsenal left-back Oleksandr Zinchenko is keen to leave the club this...
3h ago from CaughtOffside.com
Comments
Hottest News
Adjusted 2025 Le Mans 24 Hours results after...
Check out the adjusted results from the 2025 Le... Read More »
5h ago from RacingNews365.com
Toto Wolff suggests how McLaren can avoid costly F1...
Mercedes Team Principal Toto Wolff has weighed... Read More »
53m ago from MotorsportWeek.com
Lance Stroll ‘not going to get better' in 2025
Jun.17 While Fernando Alonso's smile is... Read More »
1h ago from OneStopStrategy.com
