Liberty Media are reportedly interested in selling F1 “for a high profit” as 2023 season looms | F1

The American owners of F1 are seeking a profit of “about $8 billion” to sell up, report Sport1.Liberty Media were named as the world’s most valuable sports empire by Forbes - valued at $21bn, of which F1 is worth $17.1bn.Video of Why we need to take George Russell more seriously...Liberty Media have also rejected a £20bn bid from Saudi Arabia in early-2022 to buy F1, according to Bloomberg.But the Saudis are “open to raising” their offer, the report claims.FIA president Mohammed Ben Sulayem downplayed that huge price-tag in a series of tweets, urging buyers to “apply common sense”.That landed him…

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