Ecclestone shoots down Murdoch F1 takeover report


LONDON (AP): Bernie Ecclestone insisted Wednesday that Formula One is not for sale, brushing off reports that Rupert Murdoch's News Corp. is interested in taking over the sport.

Sky News reported that News Corp., which owns a 39 percent stake in the broadcaster's parent group, has begun talks with Mexican telecom magnate Carlos Slim about forming a consortium to buy control of F1 from private equity firm CVC Capital.

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