It is also known that F1 CEO Chase Carey and his commercial lieutenant Sean Bratches numerously visited Saudi during F1’s last off-season.
Crucially, despite the value of MBC’s contract – thought to be F1’s second-most-lucrative F1 TV deal – race broadcasts are offered on a free-to-air basis to 22 countries in the greater Arabic-speaking region.
Media reports suggest that the first Saudi Arabia Grand Prix could be hosted in 2021; however, given the magnitude of the overall project, these are thought to be wide off the mark.
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