Matt Horsford

The MP & Silva agency said that its deal earlier this month for the FIM Superbike World Championship in Latin America, excluding Brazil, and the Caribbean, was part of a strategy to expand into the region and into motorsports generally.

The top US football league, Major League Soccer, and the country’s national football association, US Soccer, enjoyed a five-fold increase in the value of their domestic media rights at the end of a long and complex set of negotiations with broadcasters ESPN, Fox and Univision Deportes.

The IMG agency believes that the recent deals it secured with 30 broadcasters for the newly-launched FIA World Rallycross Championship are a strong indication that the agency’s long-term investment in the sport will pay off.

Formula E: a smart investment or the latest motorsport flop?