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Home Formula 1

Saudi Arabia has investigated the possibility of buying Formula 1.

admin by admin
January 21, 2023
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Saudi Arabia Has Investigated The Possibility Of Buying Formula 1.
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In summary: Saudi Arabia’s Public Investment Fund has investigated the possibility of buying Formula 1 from Independent Media, according to reports.

in short

Saudi Arabia has investigated the possibility of buying Formula 1 – reports

Saudi Arabia’s Public Investment Fund has investigated a possible purchase of Formula 1 from Liberty Media, according to a report by Bloomberg.

While the fund has reportedly inquired with Liberty Media about their interest in selling the commercial rights to the world championship, the Formula 1 owners have said they have no interest in selling at this time.

Saudi Arabia’s Public Investment Fund has been active in the world of sports in recent years, taking control of English Premier League soccer club Newcastle United and in recent weeks mooted the possibility of buying World Wrestling Entertainment.

Ecclestone in court for tax fraud

Former Formula One managing director Bernie Ecclestone appeared in court today as part of his ongoing tax fraud trial.

Eccleston is due to stand trial in November on charges of fraud by false representation for failing to report a $650 million bank account in Singapore to the UK’s HMRC tax office.

The 92-year-old has yet to enter a plea to the charges, and his trial is set to begin on November 16.

Barter goes to FIA F3 with Campos

Hugh Barter will remain with the Campos team, where he competed in the Spanish Formula 4 Championship last year, and will graduate from the FIA ​​Formula 3 Championship this season.

The 17-year-old joins team-mate Christian Mansell as the team’s third driver. In both the Spanish and French F4 championships last year, Barter finished second with 16 race wins and 10 combined pole positions. He completed two days of testing in an F3 car with Campos.

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Links

Motor Racing Links of Interest:

Standing on the grid – why are there no female drivers at the top of motorsport? (BBC)

“I’m sure that more women in motorsport will enter the top categories, whether in hypercars or in single-seaters. But to do that, we need to create a structure that allows them to shine and grow. I think the flow will come naturally. The most important thing is to show that women can exist in motorsport, it’s a long-term process. , it will take time, but it will come.”

Logan Sargent: ‘I’m training as hard as I can’ (Williams)

“I’m doing my best to enjoy every part of this process because I know how challenging it will be this year to improve the level of fitness that an F1 car requires, but this is what I’ve had. I’ve been working on it for years. I have to make sure I’m in the best possible shape and for that, big to work hard. I have motivation.

MoneyGram Haas F1 Team has been confirmed as the title sponsor for the 2023 MK Job Show (Haas).

“On the central exhibition platform, the MoneyGram Haas F1 team will display a Formula 1 show car and during the two-day event, employees will be on site, discussing their own work and will be available to discuss more about working at the cutting edge of motorsport, as well as answer questions from attendees.”

Carlin: Every detail is scrutinized to achieve title-winning status (F2).

“Every season we’ve looked at all aspects of the team, from positioning to set-up to driver development to sim preparation. We know where we can improve. A few areas that make the difference, now it’s fine tuning. After a strong season, there are improvements that can be made to make us even stronger as we head into 2023.” , we are really positive and still very much looking forward to taking another step forward.

Grand Prix unveils new vision for 2023 and beyond (Detroit Grand Prix)

The new Grand Prix logo and brand theme celebrates the event’s legacy in the Motor City while looking to the future in its new home on the streets of Detroit. and supplier partner Lear Corporation are featured in the new logo design.

“Mahindra Racing’s main challenge in Formula E is to reach another level,” said team CEO Frederic Bertrand (Sport Kedah).

“But let’s say our big challenge now is to follow the general manufacturers (competitors). We have very strong manufacturers in the field, from Porsche, Jaguar, Stellenbosch Group (Maserati, DS Automobiles) and all these manufacturers are investing. To perform and to win. A huge amount of money. And we have to make sure that people at Mahindra understand what needs to be done to get there.

Calado ‘very proud’ to pose as British actor in Ferrari Le Mans hypercar (Motorsport)

“I grew up reading the stories of great Ferrari Le Mans drivers like Brian Redman and John Surtees, and John is funny because I’m an incredible fan in my career. I raced with John’s son Henry in the junior single-seaters, and John is very funny. He’s part of the Racing Standards Foundation. We were very good friends.

pass! Trailer (KADOKAWAanime on YouTube)

A trailer for an upcoming anime that focuses on the Formula 4 race in Japan.

We always strive to credit original sources. If you have a tip for a single seater motorsport link to be featured in the next RaceFan roundup, send it to us via the contact form.

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Preparing for the season of Michelle 💪

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I would like to thank my team for their hard work during my first year as President. Their commitment to the @FIA is what makes it all possible. I look forward to working with them to serve our members in 2023 and beyond. pic.twitter.com/u6u54DO5xY

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This month, #WSeries driver @nereamarti32 founded NM Motorsport, a karting team to train and promote new talent. 🥇 🏎

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— W Series (@WSeriesRacing) January 20, 2023

Do you dream of becoming a motorsport reporter? Last week I announced that I have teamed up with @Porsche_GB to help up and coming women from my community achieve their dreams and learn what it takes to walk the grid. It doesn’t just have to be in #F1! (1/3) pic.twitter.com/5fjEFlw5hY

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Happy Birthday!

Happy birthday to Oukilf1, Bruno and Ehsansatti!

This day in motorsport

On this day in 1998, the Sauber C17 was launched at Schönbrunn Palace in Vienna.



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