Source link : https://motorsports-news.org/2025/04/15/formula-1/saudi-arabia-on-shopping-for-an-f1-group-why-not/
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Saudi Arabia can be open to purchasing a Method 1 group as Prince Khalid bin Sultan Al-Abdullah Al-Faisal admitted it’s one thing he wish to see sooner or later.
The nation has invested closely in motorsports partnerships lately with Aramco and Maaden each sponsors of the Aston Martin F1 group and the Public Funding Fund working with Method E.
Prince Khalid Bin Sultan Al Abdullah Al Faisal, Chairman of the Saudi Car and Bike Federation (SAMF)Carl Bingham / Motorsport Images” width=”960″ height=”640″ data-nimg=”1″ class=”standard-img” style=”color:transparent” src=”https://s.yimg.com/ny/api/res/1.2/3YiT6TjDnt_essKGzVX9kg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/motorsport_articles_445/27bf0ba3c71039ff8cc2c2b9b47f9656″
Prince Khalid Bin Sultan Al Abdullah Al Faisal, Chairman of the Saudi Car and Bike Federation (SAMF)Carl Bingham / Motorsport Photographs
Carl Bingham / Motorsport Photographs
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“For those who see the expansion, to begin with. If you are going to purchase a Method 1 group, then individuals will purchase it to make cash out of it, particularly if it’ll be purchased by one of many PIF firms.
“So we see there may be a whole lot of Method 1 now reaching new markets, the gross sales are globally growing, and we noticed the partnership with Aramco and Austin Martin.
“All instructions say that perhaps quickly Saudi can, in the event that they see if it is possible, if it is sensible, then…
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Author : Motorsports
Publish date : 2025-04-15 13:05:00
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