This is from this morning's "The Australian". Which i'd like to point out is not only a News publication but it was also the first national newsppaer in Australia; therefore Rupert's special baby.
http://www.theaustralian.com.au/busi...-1226042452050
A POWERFUL consortium led by News Corporation is drafting plans to buy the Formula One motor racing series.
Although commercial rights holder, chief executive Bernie Eccleston has declared the sport was not for sale, it has emerged News Corp is negotiating with Mexican telecommunications billionaire Carlos Slim and leading international carmaker Ferrari to make a bid.
Mr Slim has been linked with Formula One as a potential team owner and sponsors young Mexican driver Sergio Perez, who is with Sauber.
Or if prefer Sky:
http://blogs.news.sky.com/kleinman/P...7-1bdcdcbeb360
News Corporation, the global media group, is in the early stages of talks about forming a consortium that would seek to acquire control of Formula One (F1) motor racing, I have learned.
News Corp has been in preliminary talks in recent weeks with people connected to at least one of F1’s big car manufacturers, and with Carlos Slim, the Mexican billionaire who is the world’s richest man, about working together on a prospective takeover of F1. JP Morgan, the Wall Street bank (and a former F1 shareholder), is advising News Corp on the situation, which is at an embryonic stage, I’m told.
Participating in a consortium that would buy F1 is only one of several options that News Corp is examining in relation to the sport, which may come up for sale during the next 18 months.
Take it as read that that furry little maggot Rupert is interested in buying F1. This is the beginning of the end I fear.