Results 1 to 10 of 14
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20th June 2009, 04:23 #1
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BBC expects to walk away from TV deal if F1 breakaway goes ahead
http://www.guardian.co.uk/sport/2009...a-one-contract
The BBC, which is just months into a new £200m five-year contract to cover the sport, is believed to be confident of its ability to walk away from the deal if eight major teams walk away from the sport. Lawyers believe the nature of the product would have changed so fundamentally that under common contract law they would be able to break the deal.
Invoking the concept of "force majeure", they would argue that the product they had signed a deal for in good faith was no longer on offer, due to the fault of neither party. The clause usually applies to acts of God but can also be invoked to cover other unforeseen events. However, it is likely that Ecclestone would challenge such an interpretation, adding to the slew of court cases that would be triggered if Fota acted on its threat to break away.
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20th June 2009, 07:25 #2
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Good! More pressure on Bernie's wallet!
"You can mop the blood up later." - R.A. Lafferty
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20th June 2009, 08:03 #3
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Won't be happy about that. The Beeb have done a really good job.
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20th June 2009, 08:08 #4
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Wish bernie sue ESPNSTAR the broadcaster in ASIA. and it goes bust and never ever they show motor racing in there life
If at first you don't succeed, skydiving is not for you.
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20th June 2009, 08:08 #5
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the beeb need to wait and see if fota series becomes a reality, and they need to try and get that if it happens, and id support them all the way to get away from bernie
Congratulations Sebastian Vettel. Champion of the season of seasons.
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20th June 2009, 08:18 #6
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excellent!!!
time to leave a sinking ship
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20th June 2009, 08:20 #7
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Originally Posted by UltimateDanGTR
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20th June 2009, 08:30 #8
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If FOTA keep their promise with free-to-air broadcasts, that will be sure to attract more sponsors since they'll reach a wider audience. That could be a great money maker for the series no matter which network picks them up.
"You can mop the blood up later." - R.A. Lafferty
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20th June 2009, 09:31 #9
FOTA will have to pay Bernie for the loss of income.
I can imagine the boardrooms of Toyota & Renault would be thrilled.
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20th June 2009, 11:19 #10
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I would have certainly thought the BBC would be in a very strong position to walk away if 8 teams leave.
Plus, if there is one entity that could have a better legal team than Bernie, it's going to be the BBC.
Interesting to see so many reputable organisations siding with the FOTA break away so quickly. Bodes well for the future.
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