F1 owners accuse FIA of ‘unacceptable’ remarks on championship value

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Formula One owners Liberty Media on Tuesday accused the the president of motorsports ruling body FIA, Mohammed Ben Sulayem, of making “unacceptable” remarks about the championship’s value. Sulayem on Monday called a reported denied offer of $20 billion from Saudi Arabia to buy F1 an “inflated price tag” on the sport. He also said that it was FIA’s “duty to consider what the future impact will be for promoters in terms of increased hosting fees and other commercial costs.” Liberty Media countered Sulayem’s in a letter sent to the president, calling his statements “unacceptable” and that they “o…

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