Plans by Liberty Global and Discovery Communications to purchase a 49% stake om Formula One may falter over a $1 billion gap in the valuation of the motor racing series.
Bloomberg reported that equity firm CVC Capital Partners and Lehman Brothers Holdings both want a further $500 million for their holdings.
The newswire said it remains possible that a deal may not be reached, though discussions are continuing.
The purchase of a stake in Formula One will present a valuable property to Liberty and Discovery following the recent acquisition of Eurosport.