The house owners of Components One have accused FIA president Mohammed Ben Sulayem of “interfering” within the business rights of the game in an “unacceptable method” after he commented on the worth of F1 on Twitter.

In a collection of tweets on Tuesday, Ben Sulayem reacted to a Bloomberg report that Saudi Arabia’s Public Funding Fund (PIF) had thought-about a bid of $20 billion to purchase F1.

The FIA president described the determine as an “inflated price ticket” and mentioned it was the obligation of the FIA to contemplate the impression such a valuation might have on race promoters and followers.

Because the custodians of motorsport, the FIA, as a non-profit organisation, is cautious about alleged inflated worth tags of $20bn being placed on F1. (1/3)

— Mohammed Ben Sulayem (@Ben_Sulayem) January 23, 2023

The authorized heads of F1 and its proprietor, Liberty Media, reacted to Ben Sulayem’s tweets by sending a letter to the FIA, excerpts of which had been revealed by Sky Information, saying his feedback had “overstep[ped] the bounds of the FIA’s remit”.

It added: “Commenting on the worth of a listed entity, particularly claiming or implying possession of inside data whereas doing so, dangers inflicting substantial injury to the shareholders and buyers of that entity, to not point out potential publicity to critical regulatory penalties.

“To the diploma that these feedback injury the worth of Liberty Media Company, the FIA could also be liable because of this.”

F1’s business rights, that are cut up from the regulatory aspect of the game by a 100-year lease, had been purchased by Liberty Media in 2017 for $4.4 billion.

F1’s letter added that, underneath the phrases of the 100-year lease, “Components One has the unique proper to take advantage of the business rights within the FIA Components One World Championship.

“Additional, the FIA has given unequivocal undertakings that it’ll not do something to prejudice the possession, administration and/or exploitation of these rights.

“We think about that these feedback, created from the FIA president’s official social media account, intrude with these rights in an unacceptable method.”

The letter additionally performed down recommendations that the FIA would have a say within the sale of Components One to a brand new proprietor ought to Liberty Media select to promote it.

“The circumstances during which the FIA would have any function in a change of management of the F1 group are very restricted,” it added.

“Any suggestion or implication on the contrary, or that any potential purchaser of the F1 enterprise is required to seek the advice of with the FIA, is incorrect.”

F1 and the FIA declined to touch upon the letter when contacted by ESPN.