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Channel 5 the new home of F1?

Formula One boss Bernie Ecclestone has claimed that he would approach Channel 5 if the BBC decided to abandon its coverage of the sport.

The BBC's current contract to show F1 racing expires at the end of the 2012 season, and there's speculation that budgetary considerations could lead the corporation to not renew or even to pull out early.

Ecclestone told the Sunday Telegraph that if that were to be the case, then he would approach Channel 5, owned by Richard Desmond, in order to keep the sport on a free-to-watch channel.

'I can't see see how the BBC could cancel. We could probably sue them,' he said. But the F1 supremo emphasised that he has 'no problem' with the BBC and would if possible keep F1 coverage with the network.

'Let's wait and see about the BBC because at the moment they want to make a noise,' he said.

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