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 American owners of F1 are 𝕴seeking a profit of “😼about $8 billion” 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 Arabia in early-2022 to buy🥃 F𝓰1, according to .

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

FIA president Mohammed ℱBen Sulayem downplayed that huge price-tag in a series of tweets, urging buyers to “apply common senseℱ”.

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

Since then, i𝓡t has emerged that Ben Sulayem made sexist comments on an old website.

He remains at loggerheads wi✨th F1 teams over the potential entry of Andrett⛦i into the sport.

And F1 bosses could opt to pressurise Ben Sulaﷺyem out📖 of his job if the power struggle continues.

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