F1 says Ben Sulayem ‘exceeded the limits of his mandate’ – F1 News

the scenario between system 1 and on International Automobile Federation warmed up instantly. In a letter revealed by heavenly sports activitiesadministrators of media for freedomthe group that controls the major class of motor sports activities confirmed displeasure with the feedback made by the president of FIA, Mohammed Ben Sulayemthat F1 is just not price US$20 billion (roughly R$100 billion) after an alleged bid to purchase the funding fund from Saudi Arabia.

Sasha Woodward Hilla longtime advocate of Formula 1 and a member of the F1 Board of Directors, and Rene Wilm, the authorized and administrative director of Liberty Media and one of the shareholders of Formula 1, didn’t spare criticism of Ben Sulayem’s submit on social networks. In a letter despatched to group managers, incl Mercedes and Ferrari this Tuesday (twenty fourth), the duo recalled that they’ve the proper to discover industrial rights and that FIA intervened on this matter.

“THE system 1 has the unique proper to make use of the industrial rights of the FIA ​​Formula 1 World Championship,” the letter harassed, noting that F1 has a 100-12 months settlement. “Furthermore, the FIA ​​has made unequivocal commitments that it’ll do nothing to jeopardize the possession, administration and/or use of these rights. We consider that these feedback made by the FIA ​​president’s official social media account violate these rights in an unacceptable means,” Sacha Woodward Hill and René Wilm complained.

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