Por: ESPN Sports January 24, 2023
FIA president Mohammed Ben Sulayem has urged potential buyers of Formula One to apply common sense to their valuation of the sport, after a report claimed Saudi Arabia's sovereign wealth fund explored the possibility of a $20 billion takeover bid last year.Bloomberg reported that , but any potential deal faltered in the early stages because F1's current owners Liberty Media had no interest in selling. The report added that PIF remains... + full article
ESPN USA Sports February 20, 2023
The FIA has issued a clarification around its controversial clampdown on political protests in Formula One, insisting any statement at a grand prix would still require permission from the governing body.In December the FIA updated its International Sporting Code with a clause... + más
F1 accuses FIA president of 'unacceptable' remarks | ESPN
F1 sends incendiary letter to FIA after Mohammed Ben Sulayem's 'inflated price tags of $20bn' claim | CNBC
Associated Press USA Sports January 28, 2023
PARIS (AP) — Motorsport governing body the FIA responded to reported sexist comments made by its president Mohammed Ben Sulayem on his personal website in 2001 by saying they “do not reflect his beliefs.”Ben Sulayem was quoted in a British newspaper on Friday as writing 22... + más
CNBC USA Business January 25, 2023
Formula One bosses have accused FIA president Mohammed Ben Sulayem of unacceptable interference in the alleged sale of the sport.After reports of a $20 billion (£16.3 billion) Saudi Arabian bid to buy F1's commercial rights, Ben Sulayem raised concerns on Twitter about the... + más
FIA urges caution after reports of $20bn F1 valuation | ESPN
ESPN USA Sports January 25, 2023
The owners of Formula One have accused FIA president Mohammed Ben Sulayem of interfering in the commercial rights of the sport in an unacceptable manner after he commented on the value of F1 on Twitter.In a series of tweets on Tuesday, to a Bloomberg report that Saudi... + más
FIA: Red Bull budget cap penalty took too long | ESPN
Budget cap: Red Bull found guilty of 'minor' overspend | ESPN
ESPN USA Sports November 18, 2022
ABU DHABI -- FIA president Mohamed Ben Sulayem says Formula One's governing body is making changes to ensure penalties for breaching the sport's cost cap are decided earlier in the year.The FIA announced Red Bull had breached last year's $145 million cost cap in... + más
Red Bull guilty of 'minor' budget cap violation, FIA says | Associated Press
Red Bull, FIA suspend talks after death of Mateschitz | ESPN
ESPN USA Sports October 19, 2022
Formula One's governing body, the FIA, has confirmed Red Bull breached the sport's cost cap in 2021 but has yet to decide on the team's punishment.After delaying the announcement last week, the FIA confirmed Monday that Red Bull had committed a procedural breach... + más
McLaren boss: Cap breach 'constitutes cheating' | ESPN
Associated Press USA Business October 10, 2022
PARIS (AP) — Formula One team Red Bull breached budget regulations last season, was guilty of “minor” overspending, the series’ governing body said on Monday.The FIA announced the verdict of its investigation into whether F1 teams violated the spending regulations in... + más
Red Bull guilty of 'minor' budget cap violation, FIA says | WPLG Local 10
FIA delays probe into alleged F1 budget cap violations | Associated Press
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