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]