FIA: Potential F1 buyers should ‘apply common sense’

FIA President Mohammed Ben Sulayem has responded to the rumours of Formula 1 being sold to the Saudi Arabian Wealth fund. Reports emerged that the country considered an attempt to add F1 to their growing portfolio of sports investments for a price tag of 'over $20 billion', having recently taken over Newcastle Football Club in the English Premier League. Liberty Media has been F1's commercial rights owner since 2017, having completed its purchase for $4.4 billion. The Saudi Arabia Public Investment Fund reportedly approached Liberty over an agreement, but any potential deal collapsed in the early stages of last year.…

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