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Report: Disney's N fends off Netflix to retain F1 - at a price
Disney's N network will continue to hold the US media rights to broadcast Formula 1 until 2025, according to breaking news reports that appeared in the industry press on Friday evening. The Sports Business Journal website reported that N had secured the rights through to 2025 in a new deal believed to be worth between $75m and $90m a year. That's a huge 1500% rise on the the $5m value of the existing contract and reflects the huge growth of interest in the sport in the US, especially after the dramatic and controversial finish to the 2021 season. Read also: Netflix set to bid for Formula 1's US TV rights This year's inaugural Miami Grand Prix saw attracted 2.6 million viewers in May,...
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