JONATHAN McEVOY: One Saudi race on the F1 calendar is quite enough for now, thanks

Are the Saudi Arabians about to buy Formula One, a subject given fresh impetus by their effective takeover of golf?

My inquiries tell me that the US-based media conglomerate Liberty Media who own grand prix racing are not ready to sell, and that they wouldnt want to cast the sport off to that region even for many billions. Never say never, mind.

Another roadblock is that FIA president Mohammed bin Sulayem is from the United Arab Emirates and such a move would encounter opposition on that front. He was certainly very exercised when the idea was mooted a few months back.

In January, Bin Sulayem said: As the custodians of motorsport, the FIA, as a non-profit organisation, is cautious about alleged inflated price tags of $20billion being put on F1.

Any potential buyer is advised to apply common sense, consider the greater good of the sport and come with a clear, sustainable plan not just a lot of money.

It is our duty to consider what the future impact will be for promoters in terms of increased hosting fees and other commercial costs, and any adverse impact it could have on fans.