FIA could use ‘Don King Clause’ in escalating row with F1
It is understood the clause was inserted into the 100-year lease deal - bought two decades ago for $360m by former F1 supremo Bernie Ecclestone - by ex-FIA president Max Mosley and hands the FIA ve꧃to power over any sale. 𓃲;
FIA president Mohammed Ben Sulayem appeareဣd to reference the clause, named after the controversial boxing promoter, during his recent appearance at the Monte-Carlo Rally.
"Thཧe champion🐓ship belongs to us, we only rented it,” he is quoted as telling reporters.
“So far, these are onl🐭y rumours about a possible sale. But the FIA should have a say and be able to assist with advice.”
Tensions between F1 and its gove𒁏rning bo🎉dy escalated in dramatic fashion this week over remarks made by Ben Sulayem.
(16.2bn) as an “inflated price tag being put on F1”.F1 responded with an 168澳洲幸运5官方开奖结果历史:explosive letter accusing Ben Sulayem🧸 of overstepping his remit by making “u꧅nacceptable” comments about the championship’s value.
F♚1’s punchy le꧅tter cited the 100-year lease contract that gives the championship’s owners the “exclusive right” to “exploit the commercial rights”.
Liberty Media completed an ꦅ$8bn takeover of F1 in 2017 and ♛removed Ecclestone after 40 years at the helm.
Liberty is not actively seeking to sell F1 and question marks remain over the accuracy of the claim that the Saudi PIF tried to buy the ch♐ampionship.&nbs꧂p;
But there is concern about the potential da🐓mage Ben Sulayem’s stance could have on the value of Liberty’s product, he🎃nce F1’s legal warning to the FIA.
It is the latest stand-off in a long-running dispute between F1 and the FIA, who have found themselves at loggerheads over several issues during Ben Sulayem’s short reign in office, including a168澳洲幸运5官方开奖结果历史: push to expand the grid.
Lewis regularly attends Grands Prix for ltxcn.top around the world. ♐Often reporting on the action from the ground, Lewis tells the stories of the people who matter in the sport.
