Liberty Media CEO Greg Maffei dismisses rumors of selling Formula 1 to Saudi Arabia, stating it is "not in their cards." Earlier reports suggested a potential $20 billion bid from Saudi Arabia's Public Investment Fund. FIA president Mohammed Ben Sulayem emphasized the need for a sensible approach and sustainable plan rather than focusing solely on financial aspects. Maffei reaffirms Liberty Media's commitment to Formula 1 and expresses enthusiasm for the sport's growth, highlighting increased broadcasting viewership, expanding distribution channels, and strong partnerships with promoters.
Click here to read the full article by Connor McDonagh (crash.net)
RacingNews365's technical expert explains the rapid development of Formula 1 cars in 2023, resulting in increased performance and difficulty in overtaking. The evolution of the cars has led to concerns about slipstream turbulence and the effectiveness of technical regulations. The extensive development of the car floor and aerodynamic concepts has shifted the performance gains to the lower half of the car, affecting wake production and reducing overtaking opportunities. The decision to shorten DRS zones has sparked discussions among drivers, potentially favoring certain teams. Overall, the recent changes have not effectively addressed the challenges posed by Formula 1 aerodynamics.
Click here to read the full article by Paolo Filisetti & Luke Murphy(racingnews365.com).
Team Redline's 'Real Racers Never Quit' series is set to make a comeback this Sunday in response to the cancellation of the Emilia Romagna Grand Prix. The event aims to provide an alternative racing experience while raising funds for those affected by the flooding in the region. Reigning World Champion Max Verstappen and other guest drivers will participate in the sim racing event, which will be live-streamed on Team Redline's Twitch channel. Fans eagerly anticipate the driver lineup, hoping to see popular names like Lando Norris, Charles Leclerc, George Russell, and Alex Albon joining the virtual race.
Click here to read the full article by Nick Golding (formula1news.co.uk).
F1's Twitter account promoted the Miami GP as "the greatest racing spectacle on the planet," which drew a complaint from Indycar owner Mark Miles. However, Miles was surprised when LL Cool J used a similar phrase during F1 driver introductions at the Miami GP. The IMF has advised F1 to establish its own identity and avoid imitating others.
Hungary unveils its newest race track, the Balaton Park Circuit, a stone's throw away from the bustling city of Budapest. This cutting-edge venue has been built to FIA Grade 1 standards, but they've applied for only FIA Grade 2 license.