Formula One
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.
F1 goes DTC in India as non-cricket properties face tough times
Formula 1 launched its OTT platform F1 TV Pro in India prior to the 2023 season’s start after none of India’s major sports broadcasters offered a high enough rights fee for the motor racing series.
China Telecom gives Formula One hope for revenue recovery in China
China Telecom's six-race deal in 2022 could lead to a longer-term deal from 2023 onwards, as talks with F1 are understood to be ongoing.
Sky agrees to pay extra in F1 extensions across UK, DACH and Italy
Ian Holmes, director of media rights at F1, said that Sky came into the talks “from a position of strength” based on its track record as a broadcast partner.
F1’s star keeps rising as new Brazil deal yields increase
Formula One will significantly increase its media rights income from Brazil over the next three years thanks to strong competition resulting in a lucrative deal with Rede Bandeirantes.
Nent to pay strong increase for F1 rights in Poland
Formula One has secured its highest ever annual fee in Poland, despite the absence of a Polish driver during the 2022 season.
Foxtel fights off Nine to renew Formula One in Australia
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.
Small increase for Formula One as United renews in Bulgaria
United Media has renewed exclusive rights to Formula One in Bulgaria at an increased fee, albeit at a level far below the property’s previous peak.
F1 rights in Greece stay with public-service broadcaster ERT
Formula One rights in Greece will remain with incumbent rights-holder ERT, which paid a flat fee to retain the property in a one-season deal covering the 2022 season.
Post-Fox Sports Asia landscape emerges as SPOTV and beIN snap up rights
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.
French motorsport renaissance sees Canal Plus pay more for F1
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.
Eclat, Aser, beIN and others bid to fill Fox Sports Asia gap
Sports rights formerly held by Fox Sports Asia, which is shutting down next month, have attracted bids from several companies interested in taking over the Disney-owned pay-television platform's position…
Gap in Asia-Pacific market opens as Disney shuts Fox Sports
Sports media rights markets in Asia-Pacific stand at a crossroads following the exit of longstanding pan-regional player Fox Sports Asia.
Signs of F1 recovery as Q1 revenues hit $180m, operating loss cut
Formula 1 has shown signs of emerging from the Covid-19 crisis after reporting revenues of $180m (€148.4
Sky Deutschland aiming to use broad reach to drive subscriptions in RTL F1 deal
Sky Deutschland’s decision to sublicense free-to-air Formula One rights to RTL in Germany was agreed in the hope that wider coverage of the sport will drive subscriptions to Sky and its new dedicated F1 channel.
Formula 1 embarks on Brazilian reset in two-year Band deal
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.
Canal Plus eyes Formula 1, Top 14 extensions in France
Pay-television broadcaster Canal Plus is thought to be confident of extending existing deals in France for Formula One motor racing and Top 14 rugby union
DAZN, Telefónica partnership entrenches sport broadcasting duopoly in Spain
The ‘carriage’ agreement between OTT subscription platform DAZN and telco Telefónica has deepened broadcaster power in Spain, creating an effective duopoly with the widest subscriber base and deepest pockets in Spain.