Saudi Arabia offers € 53 million to join F1 since 2021

The proposal is part of the program promoted by Mohammed bin Salman to promote international tourism.

53 million euros. This is the entrance fee that Saudi Arabia would have offered to Liberty Media so that the urban circuit of Riyadh, which hosted the inaugural ePrix of the fifth season of Formula E at the end of December, forms part of the official calendar of the Formula 1 World Championship as of 2021.

According to 'Auto Motor und Sport', this proposal is part of the opening program that the crown prince, Mohammed bin Salman, and the new leaders of the country are promoting to promote international tourism and diversify their sources of income with a view to 2030.

It should be remembered that this Asian nation located in the Arabian Peninsula hosted the latest edition of the Race of Champions won by David Couthard, as well as recently confirmed that will celebrate the Dakar rally from 2020.222222

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