Motorsport
XE axes remaining 2024 hosts, eyes new locations
Extreme E (XE), the electric off-road racing series, has scrapped the remaining races on the 2024 calendar, including a planned debut in the United States, and is evaluating how best to complete its final…
WRC Promoter ‘lined up’ for sale
Owners KW25 and Red Bull are said to be targeting a valuation of up to €500m for the WRC's commercial rights-holder.
Extreme E to maintain free-to-air focus through shift to XH
Extreme E's media strategy to date has been maximising exposure for sponsors and to build a fanbase, though this has not led to it purchasing coverage through time-buy agreements.
Formula E purchases W Series’ IP rights
Formula E has spent £110,000 (€130,700/$142,300) to acquire the intellectual property rights to W Series, the all-female racing championship that collapsed into administration last year.
Formula E improves financials but loses over €42m
Formula E, the electric single-seater racing series, has revealed a loss of €42.4m for the financial year ending September 30, 2023, closing the gap on the previous year's €65m shortfall.
F1 settles for market value in India through digital-only play
Streaming platform FanCode acquired rights to Formula 1 in India for 2024 and 2025 after the motorsport series reduced its asking price, having gone exclusively direct-to-consumer last year.
Toyota dominance pays dividends for WRC in Japan
Toyota’s successful return to rallying in 2017 has transformed the World Rally Championship’s fortunes in Japan, leading to a new event in the country and a significant increase in media rights revenue over the past eight years.
NBC deal gives IMSA SportsCar Championship expanded coverage
The IMSA SportsCar Championship will increase its coverage on network television in the United States from 12 to 17 hours next year in a new multi-year deal with NBC
F1 fee in Portugal ‘normalises’ in new DAZN deal
DAZN secured Formula 1 rights in Portugal three years after Eleven Sports, which it now owns, had relinquished the rights in the face of fee escalation.
IndyCar leaves NBC for Fox to secure blanket free-to-air coverage
IndyCar's new domestic media rights deal with Fox will ensure the open-wheel racing series remains on free-to-air television in the US, with every race set to air on Fox's national network
In Focus: Formula 1
SportBusiness Media takes a deep dive into the numbers driving the commercial success of Formula 1.
Liberty Global buys out WBD’s shares to take control of Formula E
Liberty Global has taken a controlling stake in Formula E, after acquiring shares in the electric motor racing series held by media company Warner Bros. Discovery (WBD)
Revived Viaplay digs deep to pip Ziggo to F1 rights in Netherlands
F1 won big as the national popularity of Max Verstappen and the subscriber numbers he helps bring to the pay-television market in the Netherlands sent Viaplay and VodafoneZiggo into a fierce nose-to-nose battle for the rights.
Nascar unveils in-season tournament with new broadcasters TNT, Prime
Nascar is following the example of the National Basketball Association and Major League Soccer by unveiling an in-season, bracket-style tournament for its Cup Series to begin in 2025
Norris win draws largest-ever live US audience for F1 Grand Prix
Lando Norris' first Formula 1 victory at the Miami Grand Prix on May 5 drew the largest live audience for an F1 race in the United States with 3.1 million tuning into ABC's telecast
DAZN snares Portuguese F1 rights from Sport TV from 2025
DAZN, the global sports streaming service and media company, has made a significant addition to its sports rights portfolio in Portugal, a three-year exclusive deal for Formula 1 motor racing.
BeIN F1 deal completes Qatari U-turn, takes investment past $1.3bn
After beIN walked away from its F1 rights in 2019, Qatar has since re-embraced F1, with the most recent investment being beIN's 10-year deal for F1 media rights in Mena and Turkey.
Viaplay retains F1 rights in Netherlands to 2029, renews in Nordics
Viaplay Group has cemented its future in the Netherlands until at least 2029, after today (Tuesday) signing off a multi-year Formula 1 rights renewal that also covers its home Nordic markets