Rupert Murdoch 's News Corp reportedly interested in buying F1 rights . The deal would be worth around £1billion and could see the sport return to Britain for a second time after it was banned from racing at Silverstone following an investigation into phone hacking. Ecclestone says media company such as Newscorp would not be a suitable buyer . `` I am confident that when the full facts have been established , I will be exonerated of blame for any wrongdoing . '' He is aiding German authorities in probe of man who helped him sell F1 in 2006 .
Rupert Murdoch 's News Corp reportedly interested in buying F1 rights . The deal would be worth around £1billion and could see the sport return to Britain for a second time after it was banned from racing at Silverstone following an investigation into phone hacking. Ecclestone says media company such as Newscorp would not be a suitable buyer . He is aiding German authorities in probe of man who helped him sell F1 in 2006 .