Mediapro sets date for F1 rights auction

Spanish agency Mediapro is planning to auction the next cycle of domestic rights to the Formula One motor racing championship on Monday, December 9, according to news website El Mundo.

The rights will cover two seasons of the championship, from 2014 to 2015.

The sales process will be launched after the F1 calendar for 2014 is approved on December 6. Mediapro said it would sell the rights “to the highest bidder.”

Earlier this year, Mediapro extended a five-year rights deal for F1 rights, from 2009 to 2013, by two years.

Commercial broadcaster Antena 3 is reported to be the favourite to retain F1 rights in Spain.