Wednesday, April 20, 2011

Ecclestone shoots down Murdoch F1 takeover report

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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.

20 Apr, 2011


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Source: http://straitstimes.com.feedsportal.com/c/32792/f/524620/s/14526427/l/0L0Sstraitstimes0N0CBreakingNews0CSport0CStory0CSTIStory0I6591190Bhtml/story01.htm
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