The Italian rights to broadcast live Formula 1 racing in Italy have been won by Rupert Murdoch’s Sky Italia, leaving the state owned free to air channel RAI to lick its wounds. In a variation on the deal organised in the UK with SKY and BBC, from next season onwards SKY will have exclusive live rights for 11 of the 20 races, with 9 races available to a free to air broadcaster to show live at the same time as the SKY broadcast, with the Italian GP at Monza as one of the live races and highlights packages for the More…
The news this week that Rupert Murdoch’s News Corp is looking at buying Formula 1′s commercial rights from CVC in a consortium with Carlos Slim has elicited a range of reactions; an almost instant denial by Bernie Ecclestone, some media coverage giving the idea some credence and many seasoned people thinking it’s a smokescreen, or negotiating ploy aimed at other interested parties. News Corp does make bold acquisitions. But it is also frequently trotted as a possible buyer of eye catching assets, when there is no substance to the story; it was linked with Facebook at one time. And Bernie More…