The latest F1 storm has formed right at the top of the championship between the FOM and FIA president Mohammed Ben Sulayem and could have a wide-ranging impact ✍️ NobleF1 explains the latest and what it means for F1:
Rather than it being a side story to F1’s ongoing Netflix-era soap opera, it potentially marks the start of a change of dynamic in the way the championship is run.
There has also been angst in some quarters about the way that Ben Sulayem favours dealing with matters personally rather than using more typical presidential channels. The Saudi situation perhaps typifies all that paddock sources are uneasy about: Ben Sulayem’s need to make a strong personal response to a story that insiders suggest was wide of the mark and could be safely ignored. Rather than the Saudis having looked at buying F1, the trigger for the story was talks involving the Saudis around the time of the 2021 Italian Grand Prix to get involved in sponsoring grand prix racing, which did not come off.
Several sources Autosport has spoken to suggest that the goings on at the top are not something that has triggered alarm about potential damage to the teams or F1’s global image for sponsors and fans. Furthermore, the FOM letter served as a reminder that the FIA had agreed long ago not to get involved with any commercial matters relating to F1.
However, what it most likely does want is some clearer definitions of spheres of responsibility from the governing body. In particular, in the way that things are handled going forward so Ben Sulayem does not act as a thorn in F1’s side in evolving the series the way it wants.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What next for F1 after FOM's broadside to Ben SulayemTensions between the FIA and FOM are clear following Twitter remarks from Mohammed Ben Sulayem and F1's subsequent letter to the governing body. So what's happening in the background and where do the two parties take things from here? Analysis:
Read more »
Ben Sulayem urges caution over "exaggerated" $20bn valuation for F1FIA president Mohammed Ben Sulayem has warned of potential risks for Formula 1 amid 'exaggerated' talk of a $20 billion valuation for the series.
Read more »
F1 chiefs angered by Ben Sulayem’s "unacceptable" remarksFIA president Mohammed Ben Sulayem has been accused by Formula 1 chiefs of 'interfering' in the sport's commercial rights with his comments that a $20 billion valuation was inflated.
Read more »
F1 chiefs angered by Ben Sulayem’s "unacceptable" remarksFIA president Mohammed Ben Sulayem has been accused by F1 chiefs of 'interfering' in the sport’s commercial rights with his comments that a $20 billion valuation was inflated. Full story ⬇️
Read more »
F1 condemns Ben Sulayem’s $20b valuation in explosive letterF1 chiefs have written a letter to the FIA condemning 'unacceptable' comments made by president Mohammed Ben Sulayem about the championship's value
Read more »
FIA president addresses $20bn Saudi Arabia F1 bid reportsFIA president Mohammed Ben Sulayem has weighed in on reports of Saudi Arabia being interested in buying Formula 1.
Read more »