News Details

F1 inks massive new US television deal

Jun.27 Formula 1 has managed to multiply the value of its television rights deal in the United States by a staggering factor of 15. That is the revelation of Sports Business Journal, reporting that Liberty Media-owned Formula One Management has leveraged the sport's popularity explosion in the US in renewing its deal with N through 2025. We reported earlier that rival bidders, including Amazon and Netflix, had been told by F1 last Friday that N had secured a new deal that is believed to be valued at $75-90 million per year. Currently, N pays only about $5m per year. The success of the negotiations, off the back of F1 setting up exciting new races in Miami and Las Vegas, will be music to...
Full Story »
Share

You May Also Be Interested In...

Liberty insists it's not using Nice GP to pressure...

The boss of Formula 1 owners Liberty Media says that the company isn't...
1y ago from F1i.com

N beats Amazon, Comcast, Netflix to new US F1 TV deal

According to multiple reports, Formula One Management and N have agreed...
1y ago from GrandPrix247.com

Liberty: 'Nice GP not a means of pressure for Monaco...

Earlier it was announced that the Formula 1 organisation is considering...
1y ago from GPBlog.com

Liberty: 'Nice GP not a means of pressure for Monaco...

Earlier it was announced that the Formula 1 organisation is considering...
1y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Fernandez to ride 2024 Aprilia MotoGP bike from Jerez...

Trackhouse Aprilia rider Raul Fernandez will ride the 2024 spec bike when...
33m ago from MotorsportWeek.c...

Popular On IndyCarToday.com

McLaughlin disputes IndyCar's claim that rules...

Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...

O’Ward retroactively given St. Pete win after Team...

The NTT IndyCar Series announced on Wednesday that all three Team Penske...
20h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal injury news vs. Tottenham Hotspur - Jurrien...

Sports Mole rounds up all of Arsenal's latest injury and suspension news...
33m ago from SportsMole.co.uk

Exclusive: Arsenal considering 60m teenager to fix...

Arsenal are understood to be considering a transfer move for Atletico...
43m ago from CaughtOffside.com

Comments

Hottest News

Audi agree LONG-TERM F1 deal with star driver

Audi have agreed a long-term deal for the first... Read More »
3h ago from GPFans.com

Rosberg reveals financial toll of rivalry with Hamilton

Nico Rosberg recently shed light on an intriguing... Read More »
23m ago from F1i.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.