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BBC reviewing commitment to Formula One?

Formula One only returned to the BBC in 2009 after a stint with ITV, and already concerns about the broadcast company’s commitment to the sport have begun to arise. The BBC currently has a five-year deal to show live coverage of each Formula One weekend, which runs through to 2014. However, the Media Guardian has reported that the BBC is reviewing its commitment to Formula One as it bids to cut costs after the licence fee freeze. Although, BBC’s coverage of the F1 racing is popular with fans, critics claim its offers poor value for money at non-peak times, as it costs the BBC £40 million per annum. The Media Guardian said that Formula One was "not peak-time programming, and as a result is viewed as a relatively expensive part of the sports schedule". Meanwhile, a BBC spokesman told the newspaper: "We are looking at a range of ideas and it would be wrong to comment on what is speculation."

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