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F1 broadcaster announces new TV deal after losing rights to Apple
An F1 broadcaster lost exclusive rights to televise the sport but received a boost.
Apple signed a $750 million deal with F1, replacing ESPN as the exclusive broadcaster in the US.
ESPN strengthened its relationship with F1, securing an extension in Latin America and the Caribbean until 2028.
ESPN will continue broadcasting in 18 different countries, including all practice sessions, sprints, and grand prix.
They will also cover feeder series like Formula 2 and 3 and the F1 Academy on various platforms.
With over 150 million fans in the region, F1’s altered fanbase now includes 45% female viewers and 43% under 35.
Ian Holmes, F1’s Chief Media Rights Officer, praised ESPN’s dedication in bringing F1 to more fans.
