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Revealed: Saudi government tried to purchase Formula 1 for $20 billion

The influence of the Middle East in Formula 1 is continuing to grow year after year, with teams and races being lured to the region in recent years. This season there will be races in Saudi Arabia, Bahrain, Abu Dhabi and Qatar, meaning there will be four Grand Prix in the region for the first time. Saudi Arabia have not been shy in outlining their plans and project for Formula 1, telling the world media that they aim to have a homegrown driver in the sport as part of their 20-year plan. They have also explained that they are trying to lure Aston Martin and McLaren, two teams which they partially own, over to Saudi Arabia to set up their headquarters in the Middle East. READ: ‘It will...
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