Mohammed Ben Sulayem - Page 8

This is why Liberty Media rejected Saudi Arabia’s F1 takeover bid

FIA president Mohammed Ben Sulayem has stunned Formula 1 after taking to social media to state that the sport isn’t worth £16 billion, following a reported failed takeover attempt by Saudi Arabia a year ago. Ben Sulayem released three tweets entailing what a potential Formula 1 buyer should consider, with many now questioning if the

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FIA will reverse controversial race director decision

When Mohammed Ben Sulayem became president of the FIA towards the end of 2021, he was given the task of clearing up the mess of the 2021 Abu Dhabi Grand Prix. The controversial decision making by race director Michael Masi essentially handed the title to Max Verstappen, which previously looked set to be won by

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FIA president reminds Formula 1 they are ‘only renting’

Tensions between Formula 1 and the FIA continue to escalate following comments made by FIA president Mohammed Ben Sulayem, where he shared his ‘caution’ over a $20 billion bid from Saudi Arabia. Ben Sulayem’s comments have infuriated Formula 1 bosses and owners Liberty Media, who bought the sport in 2017 for $4.6 billion. It was

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FIA president issues unusual warning after Saudi interest in buying F1 emerges

FIA president Mohammed Ben Sulayem is “cautious” about a reported $20 billion offer from Saudi Arabia to buy Formula 1, with Bloomberg having reported that an attempt to buy the sport from Liberty Media was made last year. According to Bloomberg, the offer was rejected by the current owners of Formula 1, who bought the sport themselves in

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Toto Wolff reveals talks between Lewis Hamilton and FIA president

Formula 1 is a sport watched by millions of people all over the world, making it the perfect place for positive messages and messages of support to be displayed. Lewis Hamilton and Sebastian Vettel have ensured that they have used their exposure and fame to the best of their ability in recent years, making multiple

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FIA announces major management shake-up

The FIA have announced a huge overhaul of their Formula 1 management structure, which has been heavily criticised over recent years, with senior F1 figure Steve Nielsen having been announced as the governing body’s new sporting director. Nielsen has been a regular member of the Formula 1 paddock for the vast majority of his life, having previously held roles

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FIA president warns teams against cover-ups after Red Bull cheating saga

FIA president Mohammed Ben Sulayem has warned Formula 1 teams against trying to “cover up” a breach of the budget cap, with the governing body being “there watching” exactly what the teams are doing. Red Bull team principal Christian Horner has already explained that “six teams” could be at risk of having breached the budget cap

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FIA president warns drivers against promoting ‘personal agendas’

Formula 1 drivers have been urged by both Lewis Hamilton and Nico Rosberg in recent weeks to use their massive followings on social media for good, by sharing important messages and causes. This is something that the drivers may be forced to do more often, as the FIA have now banned them from making political

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FIA president reacts to anti-Europe concern

The Monaco Grand Prix is arguably the most iconic race on the calendar, with Saturday’s qualifying session being one of the most watched and highly anticipated events of the year. The track has divided opinion in recent years however, as the narrow nature of the street circuit makes it extremely difficult to overtake during the

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