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Should BT Group plc Worry About A Sky PLC Bid For Formula One?

Reports that Sky (LSE: SKY) could be mulling a bid for Formula One might worry shareholders in BT (LSE: BT-A), given the two companies’ increasingly tasty battle for subscribers. Arguably, however, owning F1 would just be a big distraction for the media giant…

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Owain Bennallack owns no shares in any company mentioned in this article. The Motley Fool UK has recommended shares in SKY. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.