Ecclestone - I'd buy back F1

Bernie Ecclestone has suggested that he would be willing to once again take on the ownership of Formula One's commercial rights.

The 80-year-old owned the sport prior to 2005, when he sold out to CVC for US$1.7billion. Ecclestone now controls the rights on behalf of the private equity firm, for example negotiating contracts with circuits and television companies.

It is estimated that F1 is now potentially worth around five times that figure, yet Ecclestone would appear to be interested in taking outright control once again.

Asked if he would be interested in buying back F1, Ecclestone was unequivocal in his response as he said: "Yes, absolutely."

There are other interested parties, though, with rumours still persisting that Rupert Murdoch's News Corp might launch a bid in conjunction with one of Europe's leading investment firms EXOR.

However, Ecclestone maintains that no conversation has ever taken place with them with regard to any potential buy-out.

Like that consortium, however, any purchase on his part would have to be at the right price, unsurprising given his reputation as a tough negotiator.

"I wouldn't buy at the price that I think CVC would sell it," Ecclestone told the International Herald Tribune.

"But I would certainly buy at the price they (News Corp and Exor) want to pay."

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What's your views on this?
Would it be good for F1 as we know it?

no it wouldn't be good, mainly because the smaller teams like Hispania/Lotus would get the cold shoulder treatment (he's already criticised Hispania) and really it wouldn't help stability as we well know that he would sell again for a few more million.

Jósíah :]

I cant see it happening the teams wont want it and they usually get their way