Liberty Media are reportedly interested in selling F1 “for a high profit” as 2023 season looms

Liberty Media are “quite interested in relinquishing the rights” to F1, amid a power struggle with the FIA, according to reports.
Esteban Ocon (FRA) Alpine F1 Team A522. Formula 1 World Championship, Rd 22, Abu Dhabi Grand Prix, Yas Marina Circuit, Abu
Esteban Ocon (FRA) Alpine F1 Team A522. Formula 1 World Championship, Rd 22, Abu Dhabi Grand…

The Ame✅rican owners of F1 are seeking a profit of “about $8 billio🌼n” to sell up, report .

Liberty Media were named as the world’s most valuable sports♈ empire by Forbes - valued at $21bn, of which F1 is worth $17.1bn🍒.

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Liberty Media have also rejected a £20bn bid from Saudi Ara𓃲bia in early-2022 to buy F1, according to .

But the Saudis are “open to raising” 🉐their offer, the report claims.

FIA president Mohammed Ben Sulayem downplayed that huge price-tag in a series of ꦚtweets, u🅷rging buyers to “apply common sense”.

That landed him in hot 𒈔water with F1 bosses who wrote a letter of complaint to the FIA.

Since then, it has emerged that Ben Sulaꦜyem made sexist comments on an old website.

He remains at loggerheads with F1 teams over the potential entry of Andretti into the 🐻sport.

And F1 bosses could opt to pressuriseꦰ Ben Sulayem out of his job if the power struggle continues.

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