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BBC explains reasons for dropping F1

– Barbara Slater, Director of BBC Sport, has moved to explain why the broadcaster ended its Formula 1 television rights deal early, stating that there was a "pressing need" to cut costs.After a lengthy stint on ITV, the BBC regained exclusive UK television rights in 2009, but Sky Sports entered the frame in 2012, leading to a free-to-air agreement between the two parties.Under the revised deal, Sky Sports holds the rights to show all sessions live via its own channel, while the BBC continued with a selection of live races, along with highlights of each event.However, although its contract was set to run through 2018, the BBC has now pulled out, with Channel 4 stepping in to...
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