F1 owners furious with FIA over president’s ‘inflated’ valuation comment

  • Turf war between teams and FIA continues to escalate
  • Ben Sulayem accused of interfering over commercial rights

Formula One, owned by Liberty Media, has accused the FIA president, Mohammed Ben Sulayem, of interfering with its commercial rights by publicly questioning a reported $20bn (£16.2bn) valuation of the sport.

Ben Sulayem, elected in 2021 to the top job at F1’s governing body, posted on Twitter on Monday after Bloomberg reported Saudi Arabia’s Public Investment Fund (PIF) explored a bid for more than that amount.

Continue reading…

Powered by Live Score & Live Score App