Golf
Saudi Arabia has confirmed that, starting from 2027, it will no longer fund LIV Golf.
The news of the dismantling of the tour created and funded by the PIF fund has shaken the world of golf. It is now questioning the prizes and the number of tournaments to be played.
McLaren has started producing golf clubs, and they are definitely expensive clubs.
The English car manufacturer has decided to embark on a new, extremely difficult adventure.
After accumulating losses of five billion dollars, Saudi Arabia is considering no longer funding LIV Golf, one of its major investments in sports.
Since its foundation in 2022, the parallel circuit to the PGA Tour has had a disruptive impact. The problem, however, is that it has not yet become profitable.