• Loading stock data...
Friday, October 31, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

Saudi Arabia Reportedly Wants to Buy F1 for Over $20B

  • Saudi Arabia tried to buy Formula 1, according to Bloomberg.
  • Liberty Media was reportedly not interested in selling.
Formula 1

Saudi Arabia reportedly looked into buying Formula 1 and remains interested, should the opportunity arise.

The country’s sovereign wealth fund, the $620 billion Public Investment Fund, was interested in purchasing the global racing series from Liberty Media, according to Bloomberg.

  • The PIF, which funds LIV Golf and owns Premier League team Newcastle, valued F1 at well above $20 billion, including debt.
  • Liberty Media bought F1 for $4.4 billion in 2017 and wasn’t interested in selling.
  • The Saudi fund remains interested and could be a formidable suitor for F1 if Liberty Media reverses its stance.

Liberty Media’s F1 tracking stock jumped around 6.9% in early trading on Friday and is up 12.6% over the last 12 months. The stock’s value has more than doubled since the beginning of 2019 and has a current market cap of $30.2 billion.

F1 began racing in Jeddah, Saudi Arabia, in 2021 and will hold its third race there on March 19. Mercedes driver Lewis Hamilton has spoken out against the country’s human rights record.

Formula-1-Miami-Grand-Prix

Formula 1 Unveils Miami Upgrade Plans, Including Hard Rock Stadium

Formula 1 will host teams and drivers on the Miami Dolphins’ field.
January 18, 2023

Braves Spinoff

Meanwhile, Liberty Media is planning to spin off the Atlanta Braves into a separate public company, pending approval from Major League Baseball, among others.

The new company would hold the MLB team, which Liberty Media bought for around $1.5 billion in 2007, plus The Battery, the development project surrounding the team’s Truist Park.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The $80 Million F1 ‘Crashgate’ Case Heads to Court

Massa placed second to Lewis Hamilton in the 2008 drivers’ championship.

NFL Wants to Expand International Slate, Will Evaluate Saudi Arabia

The league is evaluating a mix of new and existing markets for 2026.
Jul 30, 2022; Irvine, CA, USA; A general view of the official NFL balls on the field during Los Angeles Rams training camp at University of California Irvine.

Saudi Arabia Wants to Bring American Football to the Middle East

The Middle Eastern nation wants to host major football events.
Verstappen

ESPN’s Final F1 Season Is Turning Into A Thriller 

F1 is averaging 1.4 million viewers on ESPN networks this year.

Featured Today

Oct 13, 2024; Chicago, IL, USA; Susanna Sullivan of the United States of America finishes seventh in the Chicago Marathon at Grant Park

More Races, More Money: The New Calculus for Pro Marathoners

More races per year mean more money—but the math isn’t simple.
Oct 28, 2025; Los Angeles, California, USA; Los Angeles Dodgers two-way player Shohei Ohtani (17) pitches during the fifth inning against the Toronto Blue Jays during game four of the 2025 MLB World Series at Dodger Stadium.
October 31, 2025

Shohei Ohtani Card Market Is Surging—With No Signs of Slowing

Cards have spiked hundreds of thousands of dollars from their initial value.
September 21, 2025; Santa Clara, California, USA; NFL commissioner Roger Goodell before the game between the San Francisco 49ers and the Arizona Cardinals at Levi's Stadium
October 26, 2025

NFL Fall Meeting: 7 Big Topics Among Team Owners 

Media, facilities, and labor highlight some of the key areas of concern.
Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin
October 25, 2025

NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess

There’s no limit to how much players can make from NIL deals.
Louisville’s Miller Moss and several of his teammates stopped by Olympus Gaming Lounge to play EA Sports College Football 26 with fans for a meet and greet. July 11, 2025

Saudis, Silver Lake, Jared Kushner Take EA Private in $55B Deal

Electronic Arts makes “Madden,” “EA Sports College Football,” and more.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
Sponsored

How HOKA is Reimagining the NIL Relationship

On Location is redefining the Olympic experience by creating lasting connections beyond the Games.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.