We have received complaints from some Formula 1 fans who are unhappy that the BBC will no longer have exclusive rights to broadcast the sport from 2012.
The BBC's response
We know that Formula 1 has an extremely passionate following in the UK and that some fans will be disappointed that not all races will be available exclusively live on the BBC from next season.
We are operating in a very tough financial climate and in common with all areas of the BBC, BBC Sport is having to make significant cost savings over the next few years in order to operate within the constraints of the licence fee settlement, therefore we have to make some difficult choices.
We believe this deal represents good value for money for licence fee payers. We retain live coverage of half of the race weekends and we will have extended highlights of the remaining races so we are pleased that all of the key action from Formula 1 for the next seven seasons will remain on BBC television. Online coverage of the race weekends that we broadcast will remain the same, and we will carry all the news and reports from the rest of the season. Radio coverage will not change whilst the most popular races - the British Grand Prix, the Monaco Grand Prix and the final race of the season will continue to be broadcast live on BBC One.
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