Here’s one story sure to make motorsport fans sit up and take notice, Rupert Murdoch’s News Corporation is understood to be leading a consortium that is interested in buying the controlling rights for Formula One.
It’s very early stages and the word comes from someone close to the News Corp group. Although, when asked for an official comment News Corp has kept quiet. So has Bernie Ecclestone, the sport’s current leading man.
Mexican billionaire Carlos Slim, currently involved with the Sauber F1 team through his Telmex company, is also understood be on side with the News Corp consortium. Hmm, could be interesting times ahead, watch this space.
[Source: Reuters UK]
6 replies on “F1: Bernie out, Rupert in?”
It’s a buyers world. If only you have a seller. I’m not sure Bernie would sell!
Say it ain’t so! Is there anything that slimeball doesn’t want his hands on?
good timing for bernie to get out. will make good money as emerging markets still willing to pay for no return.
Bernie Ecclestone rubbishes reports that News Corp ready to bid for F1, says sport “not for sale”
Thanks god.
Would this be another PR or free marketing that Bernie is trying to gain some lime light. See how News Corp function in the past in buy outs, I wager that this would not be one of News Corp attention or play for F1.
[…] Last month’s story about News Corp considering forming a consortium to buy the rights to Formula One has suddenly become more serious with confirmation that the, erm, wheels are in motion. […]