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N agrees US TV renewal at reported 1500% price hike

N has reportedly agreed a new deal with F1 to broadcast its races until the end of 2025, but at a massively higher cost than their previous contract. Sports Business Journal report that sources at N say a new broadcast deal has been agreed, though official papers are yet to be signed. This would include most races being shown live on linear TV on N or ABC, but a 'small, undetermined' number of races will only be available live on the N+ streaming service. The channel took on the rights in America back in 2018 at a cost of $5million [£4.07million] per season, but SBJ claim the broadcaster's new cost figure is likely to be in the region of $75-90million per year – an increase of...
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