You get the sense a storm might be brewing in the paddock this season. ✍️ Formula_Nerds F1
As the custodians of motorsport, the FIA, as a non-profit organisation, is cautious about alleged inflated price tags of $20bn being put on F1. Both previous situations have seemingly blown over. However, Ben Sulayem’s controversial tweets on the failed Saudi Arabian Public Investment Fund’s bid to buy the commercial rights to Formula One have ignited a new dispute.
Liberty Media is the current owner of Formula One’s commercial rights.Considering the magnitude of certain statements in the recently published letter, some may have expected Ben Sulayem to have distanced himself from his infamous tweets. However, the FIA president seems to be sticking to his previous statements. At the Monte Carlo rally,“The championship is ours, we only rented it out. So far, there are only rumours about a possible sale.
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