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LONDON/NEW YORK - TYCOON Rupert Murdoch's News Corp is in the early stages of talks about forming a consortium to acquire control of Formula One motor racing, according to a person familiar with the matter.
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 Mexican billionaire Carlos Slim, according to the person, who asked not to be identified as the talks are confidential.
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Source: http://straitstimes.com.feedsportal.com/c/32792/f/524620/s/144f51ea/l/0L0Sstraitstimes0N0CBreakingNews0CSport0CStory0CSTIStory0I6589670Bhtml/story01.htm
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