Saudi Arabia open to hosting two F1 races in near future [Reuters]
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Source: Reuters
Sunday's race on the Jeddah Corniche street circuit will be the third grand prix held in the kingdom, where a new track planned for the 'entertainment city' of Qiddiya near Riyadh could be ready by 2027. "The idea of having two races in Saudi is doable," Saudi Automobile and Motorcycle Federation chairman Prince Khalid bin Sultan al-Abdullah al-Faisal told selected reporters. "You have three races in the (United) States because the market is big there and there is a demand. So the demand is there (in Saudi Arabia), but the decision is not made. There's a lot of things we need to consider. "The sport is growing, the demand is growing, so I would not be surprised if Saudi, in the near future, will host two races. I wouldn't be surprised," he added. "The demand is there and we have two beautiful facilities." The prince said Formula One was the biggest sporting event in Saudi Arabia, and there had been considerable investment in the Jeddah track, but there had been no discussio
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- 3/20/24 - Form PRER14A
- LSXMA's page on the SEC website