There aren't a lot of television stations in the world dedicated entirely to cars. On this side of the Atlantic, we have Speed and Discovery's new Velocity channel, and the latter isn't even all cars all the time. But now, the UK is getting its own dedicated Formula One network.
A shock announcement in the commercial world of Formula One racing has British fans up in arms. The deal involves the Sky network and the BBC sharing the rights to F1 broadcasts in the UK.
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.
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
We'll admit up front that this news item is minimally car-related, but bear with us. In response to News Corp's Rupert Murdoch's repeated threats to bury all of his content behind a pay-for-it-wall, the UK's Guardian conducted a poll asking readers which online columnists they'd pay for. The not so shocking result: Jeremy Clarkson, number one. Number two is Charlie Brooker, who we've heard of. The next eight? Not so much. But here's the point.