Liberty Media-owned Formula One has accused the FIA president, Mohammed Ben Sulayem, of interfering with its commercial rights by publicly questioning a reported $20bn (£16.2bn) valuation of the sport
Ben Sulayem accused of interfering over commercial rightsPhotograph: Dan Istitene/Formula 1/Getty ImagesPhotograph: Dan Istitene/Formula 1/Getty ImagesFormula One, owned by Liberty Media, has accused the FIA president, Mohammed Ben Sulayem, of interfering with its commercial rights by publicly questioning a reported $20bn valuation of the sport.
He suggested the FIA had a duty to consider the possible negative effect on fans and promoters, who might have to pay more. Sky Sports News reported that Formula One’s legal head, Sacha Woodward Hill, and her Liberty Media counterpart, Renee Wilm, had sent a joint letter to the FIA accusing the governing body of exceeding its remit.
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