F1 sends incendiary letter to FIA after ‘inflated price ticket’ declare

F1 sends incendiary letter to FIA after ‘inflated price ticket’ declare


Formula One bosses have accused FIA president Mohammed Ben Sulayem of “unacceptable” interference within the alleged sale of the game.

After experiences of a $20 billion (£16.3 billion) Saudi Arabian bid to purchase F1’s industrial rights, Ben Sulayem raised issues on Twitter concerning the potential penalties of an “inflated” takeover resembling greater ticket costs for followers if the brand new homeowners tried to recoup their funding.

He added {that a} potential purchaser of F1 ought to “include a transparent, sustainable plan — not simply some huge cash.”

Sky Sports News revealed on Monday his remarks angered senior F1’s officers and now authorized bosses have written to the FIA warning that Ben Sulayem’s tweets had “interfered with our rights in an unacceptable method”

In a letter first reported by Sky News, but in addition seen by Sky Sports News, F1 normal counsel, Sacha Woodward Hill, and Renee Wilm, chief authorized and administrative officer of Liberty Media Corporation, F1’s controlling shareholder, have accused the FIA…

2023-01-25 00:15:48 F1 sends incendiary letter to FIA after ‘inflated price ticket’ declare
Original from www.cnbc.com

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