In the round-up: The Saudi Arabian Public Investment Fund explored a potential buyout of Formula 1 from Liberty media, according to reports
In brief
Saudi Arabia explored possible Formula 1 buyout – reports
The Saudi Arabian Public Investment Fund explored a potential buyout of Formula 1 from Liberty Media, according to a report from Bloomberg.
The fund reportedly enquired with Liberty Media about their interest in selling the commercial rights to the world championship, but Formula 1’s owners said they had no intentions of selling at this time.
The Saudi Arabia Public Investment Fund has become increasingly active in the sporting world in recent years, taking over English Premier League football club Newcastle United and has been linked with a potential buyout of World Wrestling Entertainment in recent weeks.
Ecclestone in court over tax fraud charges
Former Formula One Management CEO Bernie Ecclestone appeared in court today as part of proceedings for his upcoming trial over tax fraud.
Ecclestone will face trial in November over a charge of fraud by false representation over failing to declare a bank account of $650m in Singapore to the UK’s HMRC tax office.
The 92-year-old had not yet entered a plea to the charge, with his trial set to begin on November 16th.
Barter progresses to FIA F3 with Campos
Hugh Barter will graduate into the FIA Formula 3 championship this season, remaining with the Campos team with which he raced in the Spanish Formula 4 championship last year.
The 17-year-old will join team mate Christian Mansell with the team’s third driver to be confirmed. Barter finish second in both the Spanish and French F4 championships last year, taking 16 race wins and 10 combined pole positions. He also completed two days of testing in an F3 car with Campos.
Advert | Become a RaceFans supporter and
Links
Motor racing links of interest:
Stalled on the grid – why are there no female drivers at the top of motorsport? (BBC)
“I’m sure more women will get into the top categories in motorsport, whether hypercar or single-seaters. But to do so we need to create the structure which will allow them to shine and to grow. I think the flow will come naturally – what is important is to show women that there are possibilities in motorsport. It’s a long-term process. It will take time, but it will come.”
Logan Sargeant: ‘I’m training as hard as I can’ (Williams)
“I’m doing my best to enjoy every part of this process because I know how much of a challenge this year is going to be, to make the step up in physicality that an F1 car demands, but this is what I’ve been working towards for years. I have to make sure I can be in the best shape possible and I have huge motivation to work really hard towards that.”
MoneyGram Haas F1 Team confirmed as Main Sponsor for 2023 MK Job Show (Haas)
“At the central exhibition stand, MoneyGram Haas F1 Team will be displaying a Formula 1 show car and have staff on-site throughout the two-day event providing talks, discussing their own careers and will be on-hand to discuss more about working at the pinnacle of motorsport, as well as answer questions from attendees.”
Carlin: Every detail has been examined to find Title-winning step (F2)
“We’ve looked at every aspect of the team throughout the season, from pitstops, to set-up, to driver development, to driver sim preparations, we know where we can improve still. I think it’s lots of little bits in lots of little areas that make the difference, now it’s just kind of fine tuning really. Having had a season where we were strong, there’s improvements that can be made to make us even stronger. As we head into 2023, we’re really positive and still really ambitious that we can take another step forward yet again.”
Grand Prix Unveils New Look for 2023 and Beyond (Detroit Grand Prix)
“he new Grand Prix logo and branding theme honors the heritage of the event in the Motor City while looking ahead to its exciting future at its new home on the streets of Detroit. Elements representing Detroit – along with the Grand Prix’s primary event partner, Chevrolet, and presenting partner, Lear Corporation, are featured in the new logo design.”
“But let’s say the big challenge we have now is to follow the overall manufacturers (competitors). We have very strong manufacturers within the field, with Porsche, Jaguar, the Stellantis Group (Maserati, DS automobiles), and all those manufacturers are investing quite significant amounts of money to be performant and to win. And we need to make sure that on the Mahindra side, people understand what has to be done to get on to that level.”
Calado ‘so proud’ to emulate British aces in Ferrari’s Le Mans Hypercar (Motor Sport)
“I grew up reading stories about great Ferrari Le Mans drivers like Brian Redman and John Surtees, and it’s funny as John then became an incredible supporter of mine through my career. I raced against John’s son Henry in junior single-seaters, and John was a part of the Racing Steps Foundation. We were very good friends.”
Overtake! Trailer (KADOKAWAanime via YouTube)
Trailer for an upcoming anime focusing on Formula 4 racing in Japan.
We always endeavour to credit original sources. If you have a tip for a link relating to single-seater motorsport to feature in the next RaceFans round-up please send it to us via the contact form.
Advert | Become a RaceFans supporter and
Social media
Notable posts from Twitter, Instagram and more:
Getting ready for the season with Micheal💪
マイケルとシーズンに向け準備中✌️ pic.twitter.com/NaEtrrDTWx
— 角田裕毅/Yuki Tsunoda (@yukitsunoda07) January 20, 2023
Step by step, piece by piece.
Our new home is getting close to completion.#NewEnergy pic.twitter.com/vuyrjyfJU4
— Aston Martin Aramco Cognizant F1 Team (@AstonMartinF1) January 20, 2023
I would like to thank my team for their hard work in the first year of my Presidency. Their commitment to the @FIA is what makes it all possible. I look forward to working together with them to serve our Members in 2023 and beyond. pic.twitter.com/u6u54DO5xY
— Mohammed Ben Sulayem (@Ben_Sulayem) January 20, 2023
This month, #WSeries driver @nereamarti32 founded NM Motorsport, a karting team to help train and promote new talent. 🥇 🏎
Proud to see our drivers supporting promising racing careers. 👏 pic.twitter.com/EubEYucWHr
— W Series (@WSeriesRacing) January 20, 2023
Do you dream of being a motorsport reporter?
Last week, I announced that I’m teaming up with @Porsche_GB to inspire up-and-coming women from my community to pursue their dream and learn what it takes to walk the grid … and it doesn’t have to be just in #F1! (1/3) pic.twitter.com/5fjEFlw5hY— Louise Goodman (@LouGoodmanMedia) January 20, 2023
Feeling good, might release the final #GRIDLegends DLC next week 🤔 pic.twitter.com/PtVQUREISg
— GRID Legends | Rise of Ravenwest 🦅 (@gridgame) January 20, 2023
Just wanted to share pic.twitter.com/gH8zCX0XMe
— Justin Melillo (@justinmelillo) January 19, 2023
Serious game with @JeanTodt pic.twitter.com/oF0leFOVNe
— Jean-Eric Vergne (@JeanEricVergne) January 20, 2023
Advert | Become a RaceFans supporter and
Happy birthday!
Happy birthday to Oukilf1, Bruno and Ehsansatti!
On this day in motorsport
- On this day in 1998 the Sauber C17 was launched at the Schoenbrun Palace in Vienna.
