Today in the European High Court the decision was made that it was not illegal for a pub to decode Premier League football matches using a Greek Satellite. It will be interesting to see the knock on effect of all of this as if it stands in the British high court you will still be able to watch F1 on foreign free to air channels legally in the UK. Its an interesting turn around and a real headache for sports rights as some sports are more popular than others region to region and are priced accordingly.
Furthermore F1 might agree to take a cheaper rights deal to make the sport free to air in a new market it is entering (such as there is a team, driver or race from that country) whereas in more established markets it may charge for content or are not too bothered about an expansion of the fan base as it is quite large.
For football it does still mean you would have to pay to subscribe to a sports channel and is likely to see leagues move to pan-european rights. However as F1 is shown free to air in most countries you could watch the race with commentary from your radio for the price of a Hotbird satellite!