Sean P. Diddy Combs arrive at the 'Che' Premiere at...

Sean P. Diddy Combs arrive at the 'Che' Premiere at the Palais des Festivals during the 61st International Cannes Film Festival. (May 21, 2008) Credit: Getty Images

Rap mogul Diddy apologized Tuesday for a racist and homophobic rant Saturday night at an Atlanta nightclub.

After first posting on his Twitter page that, "I said what u had to say and that's the way I feel. Right or wrong...," Diddy, 41, quickly softened his stance. "I'm a child [of] God and I should be better no matter what somone [sic] says to me. I'm sorry for the ignorant way I repesented [sic] myself and us. To all my childen of God ... I have backslid and regressed. Forgive me for my ignorance. Pray for me pls. I know better and I am better."

Diddy had been caught on video at the BET Hip Hop Awards afterparty at the club Compound, screaming over a microphone at someone with a bottle of Grey Goose vodka -- rather than Ciroc, which he endorses.

TMZ identified Diddy's target as music industry consultant Ricky Parker.

Diddy's spokeswoman did not reply to a request for comment.

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