Wednesday, May 4, 2011

Small hiccup for Formula 1

In the past several weeks, rumours have been floating around to the potential intention by Rupert Murdoch's News Corporation to buy Formula 1 from Bernie Ecclestone and CVC. The issue comes down to... News Corp may turn Formula 1 into a pay-per-view format instead of the current free-to-air.

Murdoch's son and investment company EXOR made their intentions clear today saying that they are in the initial stages of:

"exploring the possibility of creating a consortium with a view to formulating a long-term plan for the development of Formula 1 in the interests of the participants and the fans."

I'm sorry to say, as a die-hard F1 fan, that potentially moving the sport into a pay-per-view system is not in the best interests of me, a fan. This is absolutely ludicrous and I hope Bernie will beat this plan down as soon as possible.

Bernie and CVC have come out with a statement saying that they are the sole controlling mechanism in the sport so they will have the final say. Bernie also alluded to the fact that there is an agreement between F1 and the European Commission to ensure that the sport is free-to-air. This sounds like a pretty decent set of ammunition for the cause.

Go Bernie! Go!

Image source: Krypton Zone (c) 2011 Entertainment, 2009 Formula 1 Belgian Grand Prix, Spa-Francorchamps

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