Saudi Arabia Plans to Purchase F1 Team

Marina Magomedova
15 Apr 2025
15:50
Saudi Arabia Plans to Purchase F1 Team

Saudi Prince Khalid bin Sultan Al-Abdullah Al-Faisal revealed the interest of the country's Investment Fund in acquiring a Formula 1 team.

Khalid bin Sultan Al-Abdullah Al-Faisal
It's not easy to say which team to buy and how you're going to manage it. But we have a lot of interest... we're hosting Formula One, sponsoring teams. So I wouldn't be surprised if we see an announcement for a Saudi team.

The Saudi Arabian Grand Prix is scheduled to take place from April 18 to April 20, 2025. The first race held in this country took place in 2021. Currently, the leader of the F1 season is British driver Lando Norris from McLaren.

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