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Unlike most business deals, which are negotiated behind closed doors with the general populace happily unaware, the effort to buy out the commercial rights to Formula One has been very public.

Official

It may have seemed far-fetched when the news first broke, and Bernie Ecclestone may think it will never amount to anything, but the reports of a plan to buy-out Formula 1 have proven factual.

It takes two to tango, and apparently Bernie Ecclestone is in no rush to lace up his dancing shoes. The F1 chief reportedly insists that, despite rumors of Rupert Murdoch and Carlos Slim joining forces to buy it out, the international motor racing series is not, in fact, for sale. CVC Capital, the holding company that owns the rights and to whom Ecclestone reports, receives substantial, multi-million-dollar annual dividends from F1, and so may be in no rush to divest.