Formula One Management

USA

Formula One’s meteoric rise in the US has yielded a media rights fee to match via a new deal with Disney, putting the US behind only the UK and Germany in terms of F1 broadcast revenue.

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.

Key media rights deals expire this year in the US, F1’s most important emerging market, as well as mature and lucrative markets such as Italy, Brazil, Asia-Pacific, South America and Sub-Saharan Africa.

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.

Netflix would consider the acquisition of live broadcast rights to motor racing’s Formula 1, according to Reed Hastings, the streaming service’s co-chief executive, who was speaking to Der Spiegel in …

Pay-television broadcaster Canal Plus has retained its grip on rights to Formula 1 motor racing in France until 2024

Nordic Entertainment Group has paid a colossal increase for Formula One rights in the Netherlands, sending shockwaves through the Dutch media rights market by more than trebling the current value.

The expectation that Nordic Entertainment (Nent) Group will enter the Dutch market continues to gather pace as pay-television broadcaster Ziggo Sport confirmed its loss of Formula One rights in the Netherlands…

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

Pan-regional broadcasting group Nordic Entertainment (Nent) Group has added Formula 1 rights from 2023 to its burgeoning portfolio in Poland

In the latest interactive monthly data report, SportBusiness Media analyses the Formula 1 media-rights landscape.

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.

Media rights to Formula One are back on the market in Brazil after a long-term deal with the Rio Motorsports business was ended just two months after being announced

Spanish telco Telefónica has reported a small fall in Spanish pay-television subscribers but has expressed confidence in its future financial stability thanks to reductions in recent premium sports rights …

Spanish telco Telefónica will hold steady its per-year outlay on Formula One rights in its renewal for the 2021-23 cycle, SportBusiness Media understands.