News Details
Formula 1 set for £50m-a-year Saudi Arabia deal – report
Saudi Arabia is poised to be one of the next destinations on the calendar with Formula 1 reportedly close to agreeing a deal worth £50million a year. According to the Daily Mail, amongst other newspaper reports, Saudi Arabia could join the schedule as early as 2021 with a street race in Jeddah acting as a stop-gap until a purpose-built circuit is ready for the following year. The report also states that Formula 1 has ‘struck a global sponsorship deal' with Saudi Arabian oil giant Aramco, the world's richest company valued at $2 trillion, meaning the race would likely be known as the ‘Aramco Saudi Arabian Grand Prix'. The race is set to be held in the early stages of the...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Bahrain would welcome future Saudi Arabia F1 race
Bahrain organisers say they would welcome a third Formula 1 race in the...
4y ago from MotorsportWeek.com
Formula 1 set for £50m-a-year Saudi Arabia deal...
Saudi Arabia is poised to be one of the next destinations on the calendar...
4y ago from PlanetF1.com
Bahrain: We Would Welcome a Saudi GP
Bahraini officials have indicated their approval for another F1 race in...
4y ago from GrandPrix247.com
Saudi Arabia to be confirmed on F1 calendar from 2021...
It has been discussed for some time, but according to reports in the UK,...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP's 2027 regulations are missing one key element
'Welcome to the future of MotoGP,' reads the start of the series'...
11h ago from MotorsportWeek.c...
What MotoGP’s 2027 rules overhaul could mean for the...
No description available...
12h ago from Motorsport.com
MotoGP announces major 2027 technical regulation...
No description available...
16h ago from Motorsport.com
Full details of MotoGP’s 2027 technical regulation...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Pourchaire “tired mentally” after “amazing”...
No description available...
3h ago from Motorsport.com
Abel ends Indy 500 entry hopes, cites funding as cause
Abel Motorsports will not be fielding a car in this year’s Indianapolis...
3d ago from MotorsportWeek.c...
American flag livery returns for AJ Foyt Indy 500 entry
AJ Foyt Racing announced Wednesday that it is bringing its popular...
5d ago from MotorsportWeek.c...
Siegel “open” to bolstering current IndyCar...
No description available...
7h ago from Motorsport.com
Popular On TotalWRC.com
Evans: 2025 WRC Rally1 prototype “not so exciting”...
No description available...
3d ago from Motorsport.com
Toyota shuffles its WRC manufacturer points scorers...
No description available...
4d ago from Motorsport.com
Stellantis motorsport chief gives verdict on WRC...
No description available...
6d ago from Motorsport.com
FIA: WRC regulations debate won’t affect 2025 tyre...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal Transfer News Roundup: Gunners want Dusan...
No description available...
5h ago from SportsKeeda.com
Kai Havertz offers bold response on whether he would...
No description available...
6h ago from SportsKeeda.com
'All of a sudden he became a great footballer' - Demba...
No description available...
6h ago from SportsKeeda.com
Arsenal, Chelsea-linked striker leaves door open to...
Sporting Lisbon striker Victor Gyokeres appears to leave the door open to...
6h ago from SportsMole.co.uk
Comments
Hottest News
Verstappen goes wild with Norris until late at night at...
A win was not in the cards for Max Verstappen at... Read More »
11h ago from GPBlog.com
Brundle reveals SHOCK Red Bull exit secret about close pal...
Reports have suggested that Adrian Newey’s... Read More »
16h ago from GPFans.com
F1 star DEMOTED after late penalty as McLaren defend Trump...
Ferrari driver Carlos Sainz has been handed a... Read More »
4h ago from GPFans.com