Saudi Arabia is hoping to make its mark on F1 by not just hosting a race, but possibly housing a team's headquarters in the country in future.
Currently seven of the 10 Formula 1 teams have bases in England, that including 2022’s double champs Red Bull who operate out of their Milton Keynes facility.
And two obvious targets are McLaren and Aston Martin, Saudi Arabia’s public investment fund holding stakes in the parent organisations of both F1 teams. “We have a 20-year programme that hopefully will launch at the end of ’23, early ’24. Our aim is not just to host international events, we want to be involved more. We want to have engineers, we want to have mechanics, we want to build cars, we want to be creative.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bravery award for nine-year-old Villa fan with cancerNine-year-old Aston Barnett says 'there's no point in negativity' despite months of treatment.
Read more »
Line of Duty's Martin Compston responds to season 7 return rumours'It is definitely on the table.'
Read more »
McLaren confirm 2023 launch date after social media teaseMcLaren have confirmed the launch of their 2023 car will be on February 13, joining Aston Martin on that day.
Read more »
Martin Keown crying because Newcastle United didn't let Arsenal win - HilariousThis is hilarious, Martin Keown crying because Newcastle United didn't let Arsenal win.
Read more »
Martin Lewis urges workers to check code on payslip as you could be owed £1,000sMARTIN Lewis has urged workers to check their tax code for a mistake that could cost you thousands. A tax code is used by your employer or pension provider to work out how much income tax…
Read more »
The Rig's Martin Compston opens up about being set on fire for scene in show'It was one of my more interesting days at work.'
Read more »