• Apr 22, 2011
You've probably heard the old saying that the best way to make a small fortune in Formula One racing is to start with a big fortune. The Telegraph in the UK is reporting that Rupert Murdoch's News Corp. may be looking to put that saying to the test, as the media empire is reportedly engaged in early talks to take over the popular global racing series. The talks reportedly also include Sauber sponsor Carlos Slim, who happens to be among the richest men in the world, and companies connected to at least one of F1's car manufacturers.

The talks are reportedly so fresh that they have not yet involved private equity firm CVC Capital Partners, which currently holds the keys to the racing series. F1 has proven to be popular with its fan base, though there have been plenty financial of struggles as many automakers and banks have bailed on the sport.

Another option for Murdoch (above) is to make a play to buy the broadcast rights to F1. The move could generate more money for the sport, while giving it a larger worldwide spotlight.

Since these talks are little more than rumor at this point, it's difficult to discern whether anything will come of it. But given Carlos Slim's love the sport and News Corp's history of shelling out big bucks for NFL broadcasting rights, we'd add that anything is possible.

[Source: Telegraph | Image: Mark Wilson/Getty]


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    • 1 Second Ago
  • 26 Comments
      vlad
      • 3 Years Ago
      Christ! I want Ecclestone to go but this would be way worse! F1 would just become a part of Newscorp, so pretty awfull entertainment just to make money...
      Jason
      • 3 Years Ago
      Good company guy, but there's enough politics in F1 as it is and now to have Murdoch come in would probably be not in their best interests. If this does go through, the only thing I look forward to is the leggy female F1 commentators he'll be undoubtedly hire.
      recharged95
      • 3 Years Ago
      Could be cash strapped if that 30B Dodger's loan goes through...
      budwsr25
      • 3 Years Ago
      F1 is not going to gain anything. F1 has nothing to offer anyone who watches it. People who watch it are fans and have been fans for many years.
      • 3 Years Ago
      [blocked]
        Jeffrey Smith
        • 3 Years Ago
        Your and idiot.
        ojfltx
        • 3 Years Ago
        And why the vile comment me?
        Renaurd
        • 3 Years Ago
        I don't know why everyone is giving you the thumbs down, every word you have stated is true.
        Evan McMiller
        • 3 Years Ago
        Holy hell this is what happens when you let anybody comment I guess...unbelievable. Take your hate and racism somewhere else.
      Jew
      • 3 Years Ago
      This is awesome FOX ownership (lets call it what it really is) would make it tons of fun. - F1 coverage on fox will now predict winners prior to the race finishing ( ie.2000 Presidential Election). - Sauber will be DQ'ed on various instances because one of their drivers is an illegal alien (Perez) - Williams Venezuelan sponsors will be blurred out because they are terrorist - Lewis Hamilton's nationality abbreviation will change from GBR to BLK - Schumacher, Vettle, Rosberg and all the other "white" drivers commit infractions will now receive verbal warnings instead of instead of penalties because people sometimes make mistakes.
      Speed3cam
      • 3 Years Ago
      Would be the first tasteful thing Murdoch has done. Although, I would have thought that the purveyor of Fox News would be more attracted to Nascar and that easily-cowed fanbase
        ojfltx
        • 3 Years Ago
        @Speed3cam
        Speed3cam, can you list some of the distasteful things Mr. Murdoch has done that offended you that much?
      Richard
      • 3 Years Ago
      Step 1: Engines to the front. Step 2: No right turns. Step 3: Rolling starts. Step 4: Normalize those funny furrin (e.g. Billy-Bob Barichello)...
        Richard
        • 3 Years Ago
        @Richard
        I'm not ADVOCATING this, I'm saying this is what News Corp. would do.
      BimmerFerret
      • 3 Years Ago
      This has already been denied multiple times by Bernie.
        TJ Wenger
        • 3 Years Ago
        @BimmerFerret
        You mean the guy who wants to use sprinklers to make fake rain conditions? And run a 4 Banger in the most premier racing series in the world? That Bernie? Yeah. Thought so.
      kevsflanagan
      • 3 Years Ago
      Maybe Murdoch thinks that F1 is harboring terrorist and by buying F1 and weed 'em out?? I don't like the guy obviously but hey if the fool has the money let him. He's on the same level of crazy at Bernie anyways they'd get along great!
      WatchF1
      • 3 Years Ago
      We can't just assume that Bernie wouldn't sell. Bernie often runs his mouth to drive up the price. @Dan. Shut up with the electric garbage. In 2013, we'll have all electric pit stops and KERS boosting at 4x the current rate (80BHP for 6 seconds). Stop trolling with the electric hate. It's long past old.
      Tim
      • 3 Years Ago
      Rupie can have all the F1 he wants, as long as Ecclestone goes.
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