Asian Handicap tipsters Saudi Arabia`s Sovereign Fund wanted to buy Formula 1 for $20 billion in 2022-Liberty refused to sell (Bloomberg)

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asian handicap information Saudi Arabia`s Sovereign Wealth Fund has been trying to buy Formula 1.


According to Bloomberg, last year, the Saudi Arabian sovereign wealth fund valued Formula 1 at more than $20 billion, taking into account existing debts. And the offer far exceeded the $4 billion that Liberty Media paid to acquire Formula One in 2017.


However, Liberty made it clear from the outset to the Saudi Arabian fund that Formula 1 was not for sale.


It is noted that despite the refusal in Saudi Arabia, they still retain interest in acquiring Formula 1.



Saudi Arabia`s Sovereign Fund wanted to buy Formula 1 for $20 billion in 2022-Liberty refused to sell (Bloomberg) Asian Handicap tipsters - more details and information: Asian Handicap tipsters

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