With oil funds and Formula One, Saudi Arabia steamrolls its way onto sports’ hallowed grounds

United States News News

With oil funds and Formula One, Saudi Arabia steamrolls its way onto sports’ hallowed grounds
United States Latest News,United States Headlines
  • 📰 latimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 82%

Saudi Arabia's oil riches have rocked soccer, golf, even esports, and the autocratic kingdom is expanding in Formula One car racing. What's behind the push?

To understand the scope of Saudi Arabia's ambitions in the sporting landscape, don't look just to this spring's Formula One race in Jeddah — which ended with a predictable one-two win for the Red Bull team. The revealing action was at the after-party. Amid a bloom of fireworks over Jeddah's coast, dozens of drones buzzed in synchronicity to spell out the kingdom's goal: 'Saudi Arabia. Home of Sporting Events.' It's a vision that increasingly seems within reach.

Both of the teens were enrolled in 'F1 in Schools,' an Aramco-sponsored program that has students establishing and managing their own racing team as part of STEM and other lessons. Ibaa had taken on the role of head engineer for her team, while Sireen was doing marketing. 'Ours is called Fennec,' she said. 'It's a desert fox that lives in Saudi Arabia.' : : Not everyone is convinced that the region's plans to build up its racing bonafides are a good thing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

latimes /  🏆 11. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cristiano Ronaldo investigated for gesture to fans in Saudi Arabia, according to Saudi-owned mediaCristiano Ronaldo investigated for gesture to fans in Saudi Arabia, according to Saudi-owned mediaCristiano Ronaldo has come under scrutiny for a gesture he made towards fans following Al-Nassr’s 3-2 win against Al-Shabab in the Saudi Pro League on Sunday.
Read more »

Saudi Arabia to host Women's Tennis Association finals for next three yearsSaudi Arabia to host Women's Tennis Association finals for next three yearsSaudi Arabia will host the Women's Tennis Association finals the next three years, beginning this fall under an agreement with the Saudi Tennis Federation that will offer record prize money, the WTA announced Thursday. The season-ending championship will be held in Riyadh from Nov. 2-9 and will offer participants a record $15.25 million in prize money, a 70% increase from the previous year. According to the terms of the agreement, the prize money is expected to increase in 2025 and again in 2026. 'Bringing the WTA Finals to Riyadh is an exciting new opportunity for us and a positive step for the long-term growth of women’s tennis as a global and inclusive sport,' WTA Chairman and CEO Steve Simon said in a statement.
Read more »

Saudi Arabia to host WTA Finals with record prize money for the next three yearsSaudi Arabia to host WTA Finals with record prize money for the next three yearsThe WTA announced a partnership with the Saudi Tennis Federation Thursday that will move the WTA Finals to Riyadh for the next three years.
Read more »

Saudi Arabia scales back ambitious plans for Neom megacitySaudi Arabia scales back ambitious plans for Neom megacitySaudi Arabia is reportedly scaling back its ambitious goals for the under-construction Neom megacity, including the promise of housing 1.5 million people in one massive skyscraper. Neom, a personal project of Crown Prince Mohammed bin Salman, is part of Saudi Arabia's Vision 2030 plan to diversify the economy and increase cultural and political influence.
Read more »

Trump's Strong Affinity for Saudi Arabia ContinuesTrump's Strong Affinity for Saudi Arabia ContinuesFormer President Donald Trump's close ties with Saudi Arabia remain evident, as he openly supported the kingdom's actions and cultivated connections even after leaving office.
Read more »

Web3 in Saudi Arabia: Faisal Al Monai's Insights on the Next Digital FrontierWeb3 in Saudi Arabia: Faisal Al Monai's Insights on the Next Digital FrontierJoin Faisal Al Monai of droppGroup in an enlightening discussion on 'Behind the Startup' about blockchain's role in Saudi Arabia's digital transformation.
Read more »



Render Time: 2025-02-21 10:19:45