Ecclestone Shoots Down Murdoch F1 Takeover Report
- Category: Motorsports
- Published on Thursday, April 21, 2011 11:38
- Written by Associated Press
LONDON - Bernie Ecclestone says his Formula One company is not for sale, brushing off reports that Rupert Murdoch's News Corp. is interested in taking over the sport.
Sky News says News Corp. has begun talks with Mexican telecom magnate Carlos Slim about forming a consortium to buy control of F1 from private equity firm CVC Capital.
But Ecclestone, who runs F1 on behalf of CVC, reiterated his intention to stay in control for some time yet. Ecclestone tells British newspaper The Daily Telegraph that the report was "rubbish," adding that "the sport is not for sale."
Slim topped this year's Forbes' rich list with an estimated fortune of $74 billion.
Latest Middle Georgia Headlines From 41 NBC News
- Perry Leaders Break Ground on Training Complex
- Division Of Child Support Services Collects Teddy Bears For Kids, Making Middle Georgia Great
- Bibb County Courthouse to be Renamed
- Lake Tobesofkee's Need for Upgrades
- Peach County School Board Considering 5 Day School Week
- Students Speak Out On Dallemand's Macon Miracle
- Members of PAGE Plan to Address Concerns of Controversial Macon Miracle Plan By Writing Letter to Superintendent
- Feagin Mill Middle School Cashes in on Recycling
- Crawford County Commissioners Will Discuss Sunday Alcohol Sales
- Council Approves Rosa Parks Park Upgrades
41 NBC News On Demand
Headlines From Around The State Of Georgia
- Feds Put $2.5M More Toward Savannah River Dredging
- Georgia House Rejects Charter Schools Amendment
- NC Authorities Charge 3 Men In 17-Year-Old Death
- Sandy Springs Leaders Consider Coyote Management
- Ga. Southern Gets $3.3M For Sport Shooting Center
- Homicide Case Begins After Child's Skull Is Found
- Residents Of Condo Tower Fear Power Will Be Cut
- Ga. Lawmaker Wants Schools Trained In Diabetes
- Nearly Two-Dozen Troopers Now Guarding Ga. Capitol
- Feds Join Atlanta Police To Probe Taped Beating
Regional Sports Headlines
- Giants Beat Patriots 21-17 To Win The Super Bowl
- Golden Scores 16 As Tennessee Beats Georgia 73-62
- Vucevic Leads 76ers Past Hawks 98-87
- Bobby Cox To Return To Braves Dugout
- Georgia Tech Edges Boston College 51-47
- Hawks Jason Collins To Miss Two Weeks
- Grizzlies Blow Out Hawks 96-77
- Hawks Lose Another Center When Collins Goes Down
Motorsports Headlines
- Chase Elliott & David Ragan Talk About 2012 Season While At SpeedFest
- New-Look Williams Nails 'Fresh Start' For 2012
- Griffin's Max Gresham To Realize Lifetime Dream At Daytona Speedweeks
- Roush Fenway To Commemorate "25 Winning Years" in 2012
- NASCAR Drive For Diversity Initiative Building Off Historic Season
- Ferrari Unveils Its New F1 Car On The Internet
- Sato Signs With Rahal-Letterman Racing
- Mother Of NASCAR Driver Matt Kenseth Dies At 63
Current Conditions
Clear 63 oF
