Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: albitz on 19 April 2011, 21:10:31

Title: Murdoch to own F1 ?
Post by: albitz on 19 April 2011, 21:10:31

Sky news is reporting that Newscorp. is putting together a bid to buy F1 from the private equity firm which currently owns it.
Pay per view F1 on the horizon ?
How can someone "own" a sport. Does anyone own football/cricket/tennis etc ?

Title: Re: Murdoch to own F1 ?
Post by: Banjax on 19 April 2011, 22:45:18

Bernie knows the value of having F1 free to air - you cant put a price on that for the sponsors  :y

Title: Re: Murdoch to own F1 ?
Post by: albitz on 19 April 2011, 23:08:50

You may be right, but it will be interesting to see who wins the battle of the financial giants between the two of them. I would imagine unle Rupert will be intending to take complete control - and Bernie will be intending to retain. it.
Cant see it being good for the "sport" whatever happens.

Title: Re: Murdoch to own F1 ?
Post by: Nickbat on 19 April 2011, 23:14:38

Also read this:

German state prosecutors have confirmed to BBC Sport that they have questioned Formula 1 supremo Bernie Ecclestone as part of a probe into an alleged multi-million pound bribery scandal.

The authorities are trying to establish who paid around $50m to Gerhard Gribkowsky, a former banker who oversaw F1's sale to private equity firm CVC in 2006.

http://news.bbc.co.uk/sport1/hi/formula_one/13132843.stm

Please let's go back to good old days of Stirling Moss & Raymond Baxter!  ;) ;D

Title: Re: Murdoch to own F1 ?
Post by: Dishevelled Den on 19 April 2011, 23:17:33

Quote

Please let's go back to good old days of Stirling Moss & Raymond Baxter!  ;) ;D

I would certainly agree with that.

Title: Re: Murdoch to own F1 ?
Post by: Martin_1962 on 19 April 2011, 23:50:55

Quote

Sky news is reporting that Newscorp. is putting together a bid to buy F1 from the private equity firm which currently owns it.
Pay per view F1 on the horizon ?
How can someone "own" a sport. Does anyone own football/cricket/tennis etc ?

This would kill F1 as the sponsors would pull out

Title: Re: Murdoch to own F1 ?
Post by: bob.dent on 20 April 2011, 09:14:12

Murdoch getting hold of F1 is the worst thing that could possibly happen to the sport. >:(

Title: Re: Murdoch to own F1 ?
Post by: russ0205 on 20 April 2011, 09:38:20

just another ringmater along with bernie, yep bring back f1 not how much money i can make bernie 1,
 >:( >:( >:( >:(

Title: Re: Murdoch to own F1 ?
Post by: Shimmy on 20 April 2011, 10:41:40

http://www.telegraph.co.uk/sport/motorsport/formulaone/8462301/Bernie-Ecclestone-denies-reports-that-News-Corporation-are-ready-to-table-a-bid-for-Formula-One.html

Title: Re: Murdoch to own F1 ?
Post by: Banjax on 20 April 2011, 11:20:56

I wouldn't be surprised if Bernie planted the story himself to float the idea and see if he can leverage any more money out the current TV rights  ;D

Title: Re: Murdoch to own F1 ?
Post by: bob.dent on 20 April 2011, 11:39:06

Not for sale according to Ecclestone.........................
http://www.autosport.com/news/report.php/id/90892
 :y

Title: Re: Murdoch to own F1 ?
Post by: albitz on 20 April 2011, 18:33:22

He would say that though. Word on the grapevine is that it will be up for auction within a couple of years and Rupert is getting his bid ready. ;)

Title: Re: Murdoch to own F1 ?
Post by: Martin_1962 on 20 April 2011, 19:23:08

I suppose if Murdoch got it we would have to use internet streaming or foreign satellites to get it >:( >:(

Title: Re: Murdoch to own F1 ?
Post by: albitz on 20 April 2011, 19:33:53

Hes a businessman, so he isnt just going to put it on exclusive pay per view immediately,  but he might ressurect Bernies pay per view idea with HD and in the long term he would want exclusive pay per view, the same as he wants for all major sport - and probably all TV ultimately.

Title: Re: Murdoch to own F1 ?
Post by: Martin_1962 on 20 April 2011, 19:44:29

Quote

Hes a businessman, so he isnt just going to put it on exclusive pay per view immediately,  but he might ressurect Bernies pay per view idea with HD and in the long term he would want exclusive pay per view, the same as he wants for all major sport - and probably all TV ultimately.

I would not subscribe.

If TV went beyond the licence fee I'd just not watch.

Title: Re: Murdoch to own F1 ?
Post by: albitz on 20 April 2011, 20:05:51

I wouldnt either. I also believe the license fee should be abolished and the BBC floated on the stock market. ;)
I actually could happily survive without TV these days. The quality of the output is so dire it isnt worth paying a brass farthing for. :(

Title: Re: Murdoch to own F1 ?
Post by: Shimmy on 21 April 2011, 16:39:02

Good read on it here:

http://www.bbc.co.uk/blogs/andrewbenson/2011/04/will_f1_go_pay-per-view.html

Title: Re: Murdoch to own F1 ?
Post by: tunnie on 21 April 2011, 16:44:28

I get Sky for free anyway so not really bothered  :P :P