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FIA 'only rented out' F1 rights - president

:Headline: FIA 'only rented out' F1 rights - president:
FIA president Mohammed Ben Sulayem insists that Formula 1's governing body will have a say on who controls the commercial rights.
Sports Mole

FIA president Mohammed Ben Sulayem insists that Formula 1's governing body will have a say on who controls the commercial rights.

This week, F1's American owner Liberty Media lashed back at Ben Sulayem after he said the FIA is "cautious" about reports that Saudi Arabia is interested in buying the sport for $20 billion.

Formula 1's legal department slammed the FIA chief's comments as "unacceptable", insisting Liberty Media has the "exclusive right" to "exploit the commercial rights".

F1 concluded by threatening potential legal action against the FIA, indicating that the new-in-2022 president of the Paris-based federation has kicked off a period of potential internal conflict.

Dubai-born Ben Sulayem, however, appears reluctant to back down for now.

"The championship is ours," he is quoted by Auto Motor und Sport as saying at the Monte Carlo rally. "We have only rented it out."

Indeed, just over 20 years ago, a 100-year lease deal was agreed between the FIA and former F1 supremo Bernie Ecclestone for what the German magazine described as a "ridiculously low" $300 million.

The new spat between the FIA and F1 indicates that the former may now be looking to renegotiate that deal.

"So far there are only rumours about a possible sale," said Ben Sulayem. "But the FIA should have a say and be able to offer advice."

In fact, part of the original deal is known as the 'Don King clause', named after the legendary boxing promoter, giving the FIA veto power over any sale.

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TeamPWDLFAGDPTS
1Liverpool19144147192846
2Arsenal20117239182140
3Nottingham ForestNott'm Forest1911442619737
4Chelsea20106439241536
5Newcastle UnitedNewcastle20105534221235
6Manchester CityMan City2010463627934
7Bournemouth209653023733
8Aston Villa209563032-232
9Fulham207943027330
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12Tottenham HotspurSpurs20731042301224
13Manchester UnitedMan Utd206592328-523
14West Ham UnitedWest Ham206592439-1523
15Crystal Palace204972128-721
16Everton193881525-1017
17Wolverhampton WanderersWolves1944113142-1116
18Ipswich TownIpswich2037102035-1516
19Leicester CityLeicester2035122344-2114
20Southampton2013161244-326
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