Formula One

Formula 1 launched its OTT platform F1 TV Pro in India prior to the 2023 season’s start after none of India’s major sports broadcasters offered a high enough rights fee for the motor racing series.

China Telecom's six-race deal in 2022 could lead to a longer-term deal from 2023 onwards, as talks with F1 are understood to be ongoing.

Ian Holmes, director of media rights at F1, said that Sky came into the talks “from a position of strength” based on its track record as a broadcast partner.

Formula One will significantly increase its media rights income from Brazil over the next three years thanks to strong competition resulting in a lucrative deal with Rede Bandeirantes.

Formula One has secured its highest ever annual fee in Poland, despite the absence of a Polish driver during the 2022 season.

In addition to the new deal, Formula One’s F1TV streaming service will be available at no extra cost to Foxtel subscribers via its set-top boxes.

United Media has renewed exclusive rights to Formula One in Bulgaria at an increased fee, albeit at a level far below the property’s previous peak.

Formula One rights in Greece will remain with incumbent rights-holder ERT, which paid a flat fee to retain the property in a one-season deal covering the 2022 season.

A volley of rights sales this year reallocated properties formerly held by pan-regional broadcaster Fox Sports Asia and began shaping a new sports broadcasting landscape in Asia-Pacific.

Canal Plus will pay a decent increase in fee to extend its deal for exclusive rights to Formula One in France during 2023 and 2024, despite uncertainty around the future of the French Grand Prix after 2022.

Sports rights formerly held by Fox Sports Asia, which is shutting down next month, have attracted bids from several companies interested in taking over the Disney-owned pay-television platform's position…

Sports media rights markets in Asia-Pacific stand at a crossroads following the exit of longstanding pan-regional player Fox Sports Asia.

Formula 1 has shown signs of emerging from the Covid-19 crisis after reporting revenues of $180m (€148.4

Sky Deutschland’s decision to sublicense free-to-air Formula One rights to RTL in Germany was agreed in the hope that wider coverage of the sport will drive subscriptions to Sky and its new dedicated F1 channel.

Formula One Management, the commercial arm of Formula One motor racing, is testing the waters in its two-year deal in Brazil with commercial broadcaster Bandeirantes. Its new strategy is focused on building exposure after the collapse late last year of its agreement with investment vehicle Rio Motorsports.

Pay-television broadcaster Canal Plus is thought to be confident of extending existing deals in France for Formula One motor racing and Top 14 rugby union

The ‘carriage’ agreement between OTT subscription platform DAZN and telco Telefónica has deepened broadcaster power in Spain, creating an effective duopoly with the widest subscriber base and deepest pockets in Spain.

DAZN, the OTT subscription platform, and telco Telefónica have signed a sprawling alliance that could change the face of Spain’s sports broadcasting landscape, beginning with an exclusive sublicensing de…