Sky bidding for stake
The British Broadcaster Sky and telecommunications firm Liberty are in formal conversations with CVC to buy their stake in formula One for a an estimated £4.5bn.
The announcement comes days after it emerged that RSE Ventures and Qatar Sports Investments are making a joint offer. The broadcasters will have more control over premium motor-racing content. Both broadcasting companies view F1 as an important part of the sports coverage they offer.
Sky is currently in five year deal showing all the races on a dedicated channel with live coverage of half the races exclusively on their F1 channel. However the Canadian Lawrence Stroll is close to a sale.
End criticism – Wolff
Mercedes boss Toto Wolff has called for an end to the criticism of Formula 1 as he is convinced it is damaging the championship. There has been claims that drivers are doing too much fuel-saving and that the cars are too easy to drive.
Wolff believes that the sport id good sport but it is the duty of its participants to promote it rather than criticising it publicly. He told Autosport “If I take my Mercedes hat off and I look at what the spectacle has to offer, I think it is a good spectacle.
“Is it good that one team wins pretty regularly? Maybe not but we have seen that in the past as well. We have a duty to Formula 1 to not talk it down. We are all Formula 1’s ambassadors.”
While Lewis Hamilton added the problem is everyone has an opinion but only some people’s opinions actually get actioned.
Eyes on fourth
Force India has set their sights on fourth place in the championship as they introduce a new car for this weekend’s British Grand Prix. Last time out The team achieved its best result of the season when Nico Hulkenberg finished sixth.
The team also scored their first double points score after Sergio Perez finished ninth. Deputy Team Principal Bob Fernley believes the B-spec Force India could
Fernley told Autosport “Of course, we have to be realistic, so let’s wait till Silverstone, but if it delivers level of performance we think it will do, then we are hopeful.”
The team had delays in there development this season after switching wind tunnels over the winter and missed much of pre-season testing.
Huge jump in size – hembery
Pirelli motorsport director Paul Hembery says Formula 1 should make a “huge jump” in tyre size. Currently the Italian company is bidding against Michelin for a new contract.
Michelin says they would only join if there was 18-inch wheel rims. Hembery told Autosport “To be honest the only appetite for going to 18, or something else, has come from external factors. The teams are actually very consistent by saying they want to stay with 13 and you can look at it two ways.”
Currently there are plans to switch to 420mm tyres in 2017 from the curren 375mm tyres.