Sunday 8 May 2011

FIA ?not involved? in News Corp talks

FIA president Jean Todt says there is little point in the governing body getting involved in discussions about the future ownership of Formula 1 - despite suggesting it was 'strange' that News Corporation and the Exor Group announced their interest so publicly. After a surge of speculation about the future path of grand prix racing in the wake of Exor announcing a tie-up with News Corp to discuss future possibilities in F1, Todt has reiterated that the FIA is purely a regulator - so does not meddle with the commercial exploitation of grand prix racing. "As you know the FIA is the regulator of the sport, so it is not involved with commercial matters," he said in Turkey.

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