Formula One Management

Another content partnership in the UK will allow commercial broadcaster Channel 4 to show live coverage of the Formula One British Grand Prix in 2019, along with highlights from all races that season.

Eleven Sports’ acquisition of Formula One in Portugal will bring diversity to its offering in the country but will have little impact on market leader Sport TV’s business.

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.

Saudi Arabia’s Information Ministry has rubbished claims that it is hosting the BeoutQ pirate service in the kingdom after Formula One became the latest major sports property to vow to “take appropriate action” on the matter.

Twitter has unveiled a raft of new content partnerships, including significant new deals in the sports sector with Disney and Formula One.

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.

Formula One has confirmed it will launch a new OTT subscription service called F1 TV.

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

Movistar Plus, the pay-television platform of Spanish telco Telefónica, has renewed rights in the country for the Formula One motor-racing world championship, according to news service El Español.

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.

Formula One parent company Liberty Media is close to agreeing a coverage deal for the motor-racing world championship with online streaming service Netflix.

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.