Formula 1 is reportedly seeking $150 million-$180 million a year for a TV rights deal

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Formula 1 is reportedly seeking $150 million-$180 million a year for a TV rights deal

//travel-leisure.news-articles.net/content/2025/ .. ion-180-million-a-year-for-a-tv-rights-deal.html

Published in Travel and Leisure on Wednesday, June 18th 2025 at 23:46 GMT by Fortune

ESPN currently has the US media rights, and its deal expires at the end of the 2025 season.

The article from Fortune, published on April 13, 2025, discusses the ongoing negotiations for Formula One's (F1) media rights in the United States, as the current deal with ESPN is set to expire at the end of the 2025 season. Liberty Media, the owner of F1, is reportedly in talks with multiple broadcasters, including NBC, to secure a new television deal that could potentially increase the sport's visibility and revenue in the U.S. market. The article highlights the growing popularity of F1 in the U.S., driven by the success of the Netflix series "Drive to Survive" and the addition of more races in the country, which has led to increased interest from major networks. The outcome of these negotiations is crucial for F1's future growth in the American market, with expectations that a new deal could be more lucrative and expansive than the current agreement with ESPN.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/13/formula-one-f1-liberty-media-espn-nbc-united-states-us-television-tv-deal-media-rights/ ]

Publication Contributing Sources

Fortune

N@N

Formula 1 is reportedly seeking $150 million-$180 million a year for a TV rights deal