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Red Bull's owner looking to buy F1?

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<b>F1'S FUTURE OWNER?</b> German news media report that Dietrich Mateschitz could take over CVC as F1's main shareholder, an idea welcomed by Bernie Ecclestone. <i>Image: AP / Thomas Lam</i>
<b>F1'S FUTURE OWNER?</b> German news media report that Dietrich Mateschitz could take over CVC as F1's main shareholder, an idea welcomed by Bernie Ecclestone. <i>Image: AP / Thomas Lam</i>

LONDON, England - Bernie Ecclestone has welcomed reports Red Bull might be considering buying Formula 1.

Some publications speculated there was more than met the eye to the former F1 champion team's mischief-making in 2015, including bemoaning Mercedes' dominance, criticising rules that were "killing" the sport, and threatening to quit.

Publications - among them Auto Motor and Sport, Blick and Osterreich - reported rumours that Red Bull mogul and billionaire Dietrich Mateschitz was looking to sell Red Bull Racing and Toro Rosso and "take over from CVC as the main shareholder of F1".

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