The FIA Y Liberty Media They go through a time of contention. The trigger is the words of the FIA president, ben sulayemon a sale that would be made for a price close to 20,000 million dollars. The truth is that the Arab country carried out a proposal to Liberty for buy the rightsand this offer was rejected.
However, according to the German outlet ‘Sport1’, Liberty Media did show interest in the sale of Formula 1. The American company would agree to give up the rights to the category to earn a total of 8,000 million dollars.
According to ‘Forbes’, Formula 1 has a current value of 20.800 millionwhich makes it the most valuable empire in the world within the sport.
To date there is no other entity willing to acquire the category, but Mohammed Ben Sulayem stressed that the federation had to issue responses to a possible purchase, and maintains that the championship “it is only rented“. At the same time on Twitter he made an appeal to common sense to all potential buyers.
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. (1/3)
— Mohammed Ben Sulayem (@Ben_Sulayem) January 23, 2023
In allusion, in Liberty they have their sights on the president of the FIA, and demand his dismissal not only for preventing the sale, but also for other statements about the entry of Andretti as the eleventh Formula 1 team.
The role of Saudi Arabia in the engine
The motor world is a market sought by the Arab country for years. The incredible profit that it generates worldwide and the rise of racing in the Asian and American continents has its economic consequences.
Saudi Arabia has offered Liberty triple the money than what the American company paid in 2016. This figure was 7 billion dollarsand currently in the market it is estimated a price of about €15,000.
With the entrance of jeddah circuit for the Formula 1 championship, the start-up for the MotoGPand the challenge of hosting races of Formula E, It would not be surprising if the Arabs took control of the highest automobile category.
Faced with this possibility, the Red Bull adviser Marko Helmut He has given a resounding answer: “I think it would not be so good if Formula 1 went to a country that is culturally different.”
