There is trouble brewing between F1 and the FIA...
“Any potential buyer is advised to apply common sense, consider the greater good of the sport and come with a clear, sustainable plan – not just a lot of money.
“I observed that senior figures from within Formula 1 saw this as a major overstep of what his remit was. Now, we’ve had a strongly worded letter from Formula 1 itself circulated to all the F1 teams, but addressed to the governing body, the Federation Internationale de l’Automobile, significantly from its chief legal officer.
“It also talks about potentially something that it seems that Mohammed Bin Sulayem hinted at – that the FIA would have a strong say, or a veto if you like, on someone potentially coming in to buy these commercial rights from Liberty Media. “Formula 1, owned by American company Liberty Media is a listed company. If someone of the standing of the FIA president makes an observation as to what the appropriate value potentially is, that could be to the company’s commercial detriment. There are genuine concerns around this.
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