Red Bull Formula One driver Mark Webber (C) of Australia loses part of a wing in a collision off the start, during the British Grand Prix at the Silverstone Race circuit, central England, June 30, 2013. REUTERS/Chris Helgren
(Reuters) - Liberty Global and Discovery Communications have made a joint approach to CVC Capital about buying a 49 percent stake in Formula One, the Telegraph reported, without citing sources.
The talks are at an early stage but could value the auto-racing company at more than 6.5 billion pounds ($10.62 billion), the paper said on its website.
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