News On F1 - Formula 1 News, Results, Information and Statistics

Formula 1 Store
F1 Tickets, Tours, Gear
F1 Books
& Biographies

Formula 1 News - November, 2011
Murdoch's F1 takeover bid 'still alive' - report

F1 Merchandise
Main Page
Formula 1 News
2016 F1 Schedule
2016 F1 Line-up
2015 F1 Results
F1 Teams
F1 Drivers
10 'n' Pole
Register - Submit
F1 Regulations
The Forums
Live F1 Coverage
Motorsport Shop
Motorsport Calendar
Tim's Blog

F1 Merchandise UK
F1 Merchandise USA

F1 Tours
F1 Tickets
F1 Diecast
F1 Videos
F1 Games
F1 Trivia
NewsOnF1 on Twitter
MotoGP Tickets
Past Formula 1 Seasons
2014 F1 Results
2013 F1 Results
2012 F1 Results
2011 F1 Results
2010 F1 Results
2009 F1 Results
2008 F1 Results
2007 F1 Results
2006 F1 Results
2005 F1 Results
2004 F1 Results
2003 F1 Results

2002 F1 Results

2001 F1 Results

2000 F1 Results

1999 F1 Results

1998 F1 Results

1997 F1 Results
Contact Us
Your Say
Diagnosis & Prognosis
By the Heretic
Controversy Corner
The Real Race
By the Quali-flyer
F1 Testing
F1 Team Reports
8 'n' Pole
2010 World Cup
2006 World Cup

Nov.9 (GMM) Rupert Murdoch's interest in bidding to buy formula one might not be dead, according to the financial news agency Bloomberg.

Amid the News of the World and phone hacking scandal in the UK, News Corp's interest in F1 together with the Ferrari-linked Exor company was believed to have receded.

But Bloomberg cites a "person familiar with the situation" as reporting that the bid to buy the sport's commercial rights from CVC was "very much alive" just weeks ago.

And the source said Murdoch's son James, and Exor's John Elkann, are still "actively courting" the F1 team bosses "and working on a 5 to 10-year business plan" for the sport.

News Corp and Exor refused to comment, as did CVC.

But their apparent renewed interest in F1 could be linked to the beleaguered chief executive Bernie Ecclestone, who on Wednesday will appear in Munich as a witness in Gerhard Gribkowsky's corruption trial.

He said whether CVC wants to sell or not is none of his business.

"He (CVC's Donald Mackenzie) is the guy who will turn the lights on and off," said Ecclestone. "I have very few shares, so it's nothing to do with me."

His best card to play could be his impressive record at the sport's helm.

"I could just walk out," he warned.

As well as the Gribkowsky affair and a possible UK investigation, the rumblings about F1's future also coincide with the expiring and all-important Concorde Agreement, with the teams pressing hard for more income.

"Let's be clear: we're poorly paid," said Force India's Vijay Mallya.

Ecclestone, however, ridicules the teams' alliance FOTA, saying: "I don't know where they meet -- probably Starbucks or somewhere. These are nice coffee chats."

Max Mosley, who controlled F1 hand-in-hand with Ecclestone for decades, tips his old friend to win the day on all counts.

"If he went into a revolving door behind you," the former FIA president said, "he would come out in front."

Comments powered by Disqus

10 'n' Pole Formula 1 Tipping Competition - Have fun and win - Register

Latest Formula 1 News Headlines
09 Aug: F1 should start 2021 engine planning now - officials Comments
09 Aug: F1's Brazilian duo face uncertain future Comments
08 Aug: Bottas has Renault 'offer' - source Comments
08 Aug: Only 'good offer' would restart F1 career - Buemi Comments
08 Aug: Rosberg lacks Hamilton's 'killer instinct' - Marko Comments
08 Aug: Only new rules can stop Mercedes - Alonso Comments
08 Aug: Newey 'fully motivated again' - Horner Comments
05 Aug: Ecclestone credits Verstappen for Heineken deal Comments
05 Aug: Montezemolo struggles to hold tongue over Ferrari Comments
05 Aug: Wehrlein defends performance against Haryanto Comments
04 Aug: Ecclestone to 'sell' F1 radio coms - report Comments
04 Aug: Sirotkin in running for Renault seat - father Comments
04 Aug: Hulkenberg hails McLaren-Honda progress Comments
04 Aug: Marko plays down Kvyat axe rumours Comments
04 Aug: Renault could turn blue for 2017 - reports Comments
03 Aug: Mercedes, McLaren in dispute over engineer Comments
03 Aug: Wolff urges Renault to sign Ocon Comments
03 Aug: Lauda to help Rosberg bounce back Comments
03 Aug: Father defends Magnussen's F1 commitment Comments
03 Aug: Marchionne 'not satisfied' but staying the course Comments

The latest Formula 1 News

Back to the main news page

Back To Top

F1 Tickets
Chinese F1 GP
Belgian F1 GP
Singapore F1 GP
Italian F1 GP
Abu Dhabi F1 GP
Few tickets still available
MotoGP Tickets
British MotoGP
Czech Republic MotoGP
San Marino MotoGP
Valencia MotoGP
more Motorsport Tours & Holidays

Official 2012 F1 Season Review

Autocourse 2012 Annual

F1 Merchandise US

F1 Merchandise UK

Formula 1 Yearbooks

Ayrton Senna

Past Formula 1 Drivers