Formula One renewal agreed in the Baltics

Modern Times Group, the multi-territory commercial and pay-television broadcaster, renewed its exclusive rights deal for Formula One motor racing in the Baltic countries until 2014.

MTG has held the rights to the series in Estonia and Lithuania since 2002 and in Latvia since 2009.

The broadcaster will show live coverage from the championship across the three countries on the pay-television channel Viasat Sport Baltic. Free-to-air highlights will be shown on local MTG channels in each of the markets.

The deal includes mobile and internet rights.

MTG acquired the rights in a deal with Formula One Management, which distributes the media rights for the series.