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Saudi Arabia explores owning a Formula 1 team to boost its economy and tourism.
Saudi Arabia is exploring the possibility of owning a Formula 1 team to boost its presence in motorsports and diversify its economy.
The country, which hosts the Saudi Arabian Grand Prix in Jeddah, is also planning a new F1 track as part of a tourism project aiming to attract millions of visitors annually.
Prince Khalid bin Sultan Al-Abdullah Al-Faisal has shown interest in the investment, which could increase Saudi Arabia's involvement in the sport.
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Arabia Saudita explora la posesión de un equipo de Fórmula 1 para impulsar su economía y el turismo.