Formula One Management (FOM)

Latest Features

Formula One’s media rights value in Austria has rebounded in the latest deal – with commercial broadcaster ServusTV for the 2021-23 cycle – following sharp declines in the previous two rights cycles.

Liberty Media’s major investment into Formula One’s digital media operations has demonstrated its value during sport’s global lockdown, believes Frank Arthofer, the series’ global head of digital media and licensing.

After several cycles of decline, the value of Formula One rights in Germany has more than doubled in pay-television broadcaster Sky Deutschland’s exclusive deal for the 2021-24 cycle.

Pay-television broadcaster SuperSport kept its Formula One rights fee steady in its latest renewal covering sub-Saharan Africa. But it has lost some exclusivity in the region with the launch of Formula One’s premium OTT service F1 TV Pro.

Italian pay-television operator Sky Italia has extended its deal for exclusive rights to the FIA Formula One World Championship. The deal was agreed with Formula One Management, the Formula One Group subsidiary that handles the commercial rights to the series.

Formula One has agreed a deal with YouTube that will allow the Google-owned platform to live stream the Eifel Grand Prix in Germany for free in seven countries in Europe

Gazprom Media-owned Match TV has renewed its Formula 1 broadcast rights in Russia, but has lost exclusivity as the premium version of F1TV, the series’ OTT platform, is set for launch in the country i…

The Covid-19 pandemic and the need to operate Formula 1 races behind closed doors have sped up the motorsport’s transition to remote television production according to F1's head of commercial partnerships, Z…

Austrian commercial broadcaster ServusTV and public-service broadcaster ORF will both broadcast coverage of Formula One from 2021 onwards, according to reports in Austria

Features

Formula One Management, the commercial rights-holder of Formula One, has rounded out a successful North American rights cycle by increasing its fees in Canada by roughly a fifth, while also earning a healthy rights fee in the US.

Formula One is the latest rights-holder to benefit from Nordic Entertainment (Nent) Group's acquisitions strategy, as a new deal boosts the value of its rights across the Nordics almost 50 per cent.

French pay-television broadcaster Canal Plus and Formula One Management activated an option to extend their F1 rights agreement by two years, to the end of 2022, SportBusiness Media understands.

In the latest interactive monthly data report, SportBusiness Media analyses the media-rights landscape in the Middle East and Africa.

Dubai-based free-to-air broadcaster MBC’s acquisition of Formula One in the Middle East and North Africa could trigger a shake-up in the regional rights market, which could lead to MBC’s backer, Saudi Arabia, becoming a legitimate player.

Pay-television broadcaster Sky Deutschland has brought back the Formula One motor racing championship to its platform in Germany, Austria and Switzerland after a one-year absence that caused a customer…

Formula One last week finalised a complex deal with Dutch telco Ziggo that could increase the value of the motor racing series by over 230 per cent from 2019

The battle between Sport TV and Eleven Sports in Portugal has pushed prices up at a perfect time for the Premier League, Formula One Management and Bundesliga International

MTV3 will pay about 20 per cent more for Formula One media rights in Finland in a renewed deal, TV Sports Markets understands.

Interview with Kim Mikkelsen, SVP group head of sports at Nordic Entertainment Group, about the company’s host of media-rights deals in recent weeks, including English Premier League, Formula One, International Handball Federation and European Handball Federation agreements.

Formula One has told TV Sports Markets its OTT subscription platform, F1 TV, will not have short-term subscriber targets as it looks to build a durable digital presence.

Saran Media has renewed its Formula One rights in Turkey for the next three years, from 2018 to 2020, in a deal thought to have remained roughly flat on the previous cycle

Interview with Frank Arthofer, Formula One’s director of digital, licensing and new business, about the forthcoming launch of F1 TV Pro and F1 TV Access, the championship’s own OTT services.

Pay-television operator Sky Italia believes its acquisition of exclusive rights to motor racing’s Formula One world championship can expand its subscriber base, which has been stuck at 4.7m to 4.8m for more than five years.

The value of Formula One media rights in Germany will fall from 2018 onward following a flat renewal with RTL and the decision to not sell pay-television rights.

Increased exclusivity encouraged telco Telefónica to maintain its fee to renew Formula One media rights in Spain this month despite a dearth of competition.

Fox Sports Latin America’s deal for Formula One rights in the region is less valuable than Mediapro’s recently broken agreement, but much more expensive than the pay-television broadcaster’s previous deals

USA

The desire for flexibility around its yet-to-launch OTT service drove Formula One Management to agree a new deal with sports broadcaster ESPN in the US last month.

Financial problems at its free-to-air partner Ten led Formula One Management to strike a new deal in Australia, handing much more exclusivity to pay-television broadcaster Fox Sports.