![]() |
![]() |
![]() |
![]() |
![]() |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() |
![]() |
You are in: Business | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
![]() |
Friday, 6 April, 2001, 12:32 GMT 13:32 UK
Ecclestone: F1 to remain on free TV
![]() Viewers will still be able to watch F1 free of charge
Bernie Ecclestone, head of Formula One, has promised that F1 races will stay on free television as he works to avert a break-up of motor-racing.
Mr Ecclestone is said to be concerned over a move earlier this week by European car manufacturers to set up a rival championship. His comments echo reassurances made by the German media group, Kirch TV, on Thursday. Car makers, seeking to gain a greater say in how Formula One is run, are anxious about Kirch's intentions for broadcasting races.
Manufacturers fear that the media group, whose money-losing pay-TV outlet desperately needs a major sport to attract more subscribers, intends to put the popular races on a pay-TV system. This could severely reduce the sport's audience and the car makers' revenue. The fortnightly Grand Prix races from around the globe attract an estimated television audience of 300 million or more. Ecclestone pledge But Mr Ecclestone, who said he will be head of Formula One for the next five years, pledged on Friday that he would keep the sport on free-to-air television.
He added that "races will only be allocated into countries which will be in the best interests of the teams, manufacturers and sponsors." According to the Financial Times newspaper, Mr Ecclestone is very concerned that a rival European championship would destroy the Formula One race series. "It has taken me 30 years to build up Formula One into what it is today and it could take just six months to destroy it," he said. Kirch's assurances Kirch is also keen to send out the right signals to the European car makers. "There are no plans to let Formula One slip into pay TV," said Kirch spokesman Hartmut Schultz on Thursday. He said the group wanted to keep Formula One attractive to a mass audience and would keep it on free TV. Kirch had little to say about the manufacturers' plans for a breakaway, except to remind them that they are bound to Formula One until 2007 by current agreements.
The others are Fiat, Ford, BMW and Renault. Fiat controls the defending champion team of Ferrari, Ford is involved with Jaguar, BMW provides engines to the Williams team and Renault's engines are used by Benetton.
|
![]() |
See also:
![]() Internet links:
![]() The BBC is not responsible for the content of external internet sites Top Business stories now:
![]() ![]() Links to more Business stories are at the foot of the page.
![]() |
![]() |
Links to more Business stories
|
![]() |
![]() |
^^ Back to top News Front Page | World | UK | UK Politics | Business | Sci/Tech | Health | Education | Entertainment | Talking Point | In Depth | AudioVideo ---------------------------------------------------------------------------------- To BBC Sport>> | To BBC Weather>> ---------------------------------------------------------------------------------- © MMIII | News Sources | Privacy |