Tensions between Formula 1 owner Liberty Media and the international motorsport association FIA are reaching a new height. The legal representatives of Liberty Media have sent a signed letter to the FIA in response to the tweets previously sent by FIA President Mohammed Ben Sulayem.
Earlier this week, FIA president Mohammed Ben Sulayem responded in a lengthy tweet to news reports that the Saudi Arabian investor fund was reportedly making a $20 billion bid to buy Formula 1.
In his series of tweets, Sulayem tweeted, among other things, that “any potential buyer is advised to use common sense, to think about the public interest of the sport and to come up with a clear and sustainable plan – not just a lot of money.”
As the custodians of motorsport, the FIA, as a non-profit organisation, is cautious about alleged inflated price tags of $20bn being put on F1. (1/3)
— Mohammed Ben Sulayem (@Ben_Sulayem) January 23, 2023
The owners of Formula 1 – the American Liberty Media – have now reacted to the series of tweets with surprise, confusion and anger. In the letter, which was leaked via Sky and the BBC and subsequently verified by The Race, shareholders responded that Sulayem had gone too far. There would be direct reference to Sulayem’s tweets, in which it is said that his comments would be ‘unacceptable’. The letter also states that the ‘FIA could be held liable’ if the value of Formula 1 plummets due to this riot.
The FIA has, according to Liberty Media’s legal representatives, crossed an important but clear line in which it should only concern itself with the sport’s sporting regulations: “We believe that these comments, made on the official social media account of the FIA President, in an unacceptable manner infringing on these rights.”
The letter closes with the ‘hope’ that Formula 1 and Liberty Media will not have to repeat themselves. For now, the FIA has declined to comment further.
Trending news
Streaming service Viaplay, which has held the broadcasting rights of Formula 1 in the Netherlands since 2022, is going to…
Nyck de Vries will drive a full season in Formula 1 for the first time this year. The Dutch driver will drive …
The Ferrari team is currently preparing for the upcoming Formula 1 season. The Italian ren…
The Williams team presented James Vowles as their new team boss earlier this month. The Brit comes over from the team…