Saudis offer 20 billion for Formula 1


The Saudis wish to purchase Formula 1 for 20 billion {dollars}.

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(*20*)Roger BenoitFormula 1 skilled

A 12 months in the past, Blick completely reported that the Saudis had been planning to purchase the Liberty Media (USA) racing collection, which was strongly denied. The almost $20 billion offer is now official.

Is Qatar like Saudi Arabia?

For Liberty Media (accessed 2017), this is able to be a bombshell deal. At one time, the circus was purchased for 4.4 billion (and 4.1 billion in debt). But now the present is heating up. All three races in America will make a splash. And the Jeddah race brings in nearly as a lot cash because the European races mixed.

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