Connect with us

Hi, what are you looking for?


Formula 1, Liberty Media Threatening Legal Action Over Tweets from FIA

Lawyers for Formula 1 and Liberty Media are threatening legal action in response to the recent public statements made by FIA president Mohammed Ben Sulayem, which they define as overstepping his bounds in publicly discussing F1’s value.

In response to a recent Bloomberg report that Saudi Arabia’s Public Investment Fund was interested in bidding $20 billion for F1, Sulayem issued a series of tweets in which he called that figure and “inflated price tag” and proceeded to ask potential buyers to “consider the greater good of the sport and come with a clear, sustainable plan — not just a lot of money.”

Sulayem also said that a purchase at that high price could lead to “increased hosting fees and other commercial costs” and have an ”adverse impact” on fans.

According to Sky Sports, the letter said that “Formula 1 has the exclusive right to exploit the commercial rights in the FIA Formula One World Championship” under a 100-year deal, and that Ben Sulayem’s tweets “interfere with those rights in an unacceptable manner.”


You May Also Like


Do you love collegiate baseball? Are you sad the regular seasons are coming to a close? No worries, its summer league time! With somewhere...


SPORTS BABE OF THE DAY Presents: NHL Columbus Blue Jacket Ice Girl, Annie DeChellis, @Life_SizeBarbie! Looking at Annie DeChellis, you would think she is...


SPORTS STAR SPOTLIGHT PRESENTS: BRAD MARSH, FORMER NHL DEFENSEMAN, @BRADMARSHNHL on Twitter Marsh began his playing career with the London Knights OHA team back...


GET SCHOOLED: Fun Facts about Spurs and Heat Players The NBA Finals are among us, and things have been pretty nerve racking so far!...