Sky favourite for rebel F1 TV rights

By James Welsh

Sky has been made 11/8 favourites to secure the TV rights to FOTA's proposed breakaway Formula 1 championship.

Ladbrokes have ITV at 9/4, the BBC at 11/4 and Five on the outside at 6/1.

The Formula One Teams Association, comprised of Williams, Sauber, Brawn, Force India, Renault, Red Bull, Ferrari, Toro Rosso, Toyota and McLaren, said last night that they intend to set up a rival championship for 2010 because of a row over the FIA's proposed budget cap and governance of the sport.

"Sky have demonstrated in the past their willingness to snap up breakaway competitions," said Ladbrokes spokesperson Nick Weinberg.