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Report: ESPN tells Formulation 1 it will not renew its U.S. TV deal on the finish of 2025
Motorsports News

Report: ESPN tells Formulation 1 it will not renew its U.S. TV deal on the finish of 2025

By Miles Cooper February 14, 2025
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Report: ESPN tells Formulation 1 it will not renew its U.S. TV deal on the finish of 2025

Formulation 1 races might be broadcast on a brand new community in the USA beginning in 2026.

, ESPN president Jimmy Pitaro has knowledgeable F1 that it received’t renew its rights settlement that ends after the 2025 season. ESPN has been paying roughly $90 million per season for F1 rights as a part of its present three-year contract extension. ESPN pays to air Sky Sports activities’ British protection of F1 races, although it has despatched ESPN workers to U.S.-based races.

Netflix and NBC are thought of to be the brand new candidates for F1’s TV rights within the U.S. NBC had the rights to F1 earlier than ESPN took over and the game grew within the U.S. Netflix, after all, is the house of the “Drive to Survive” doc-series that helped gasoline F1’s development through the 2020 COVID-19 pandemic.

ESPN stated that F1’s 24 races had a median of 1.1 million viewers throughout the three networks that aired Grand Prix races in 2024. Essentially the most-watched race was the Miami Grand Prix in Might. It had simply over 3.1 million viewers. ESPN began broadcasting F1 races in 2018 and had a median of simply over 550,000 viewers for its first season of races.

It’s cheap to count on viewership to no less than maintain regular through the 2025 season. The constructor’s battle may very well be wide-open after McLaren beat Ferrari in 2024, and although Max Verstappen is the title favourite, he was not practically as dominant in 2024 as he was over the 2022 and 2023 seasons. Plus, Lewis Hamilton is now at Ferrari as he chases a report eighth F1 title.

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