Breaking News
Investing Pro 0
🚨 Our Pro Data Reveals the True Winner of Earnings Season Access Data

Motor racing-Formula One and Walt Disney extend ESPN deal until 2025

Stock Markets Oct 22, 2022 11:55AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid
 
DIS
-2.21%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

AUSTIN, Texas (Reuters) - Liberty Media-owned Formula One and the Walt Disney Company (NYSE:DIS) announced an extension of their broadcast partnership on Saturday, keeping the sport on ESPN networks in the United States until 2025.

The new three-year agreement includes expanded direct-to-consumer rights, with details yet to be announced, and more races than before shown on ESPN and ABC with coverage provided by Sky Sports television.

ESPN has had the broadcast rights since 2018, when it took over from NBC Sports, and audiences have grown strongly as the sport takes off in the United States and reaches a new and younger audience.

Las Vegas will debut next year as a third U.S. race after Austin, which hosts Sunday's U.S. Grand Prix at the Circuit of the Americas, and Miami.

Last year was the most-viewed season ever on U.S. television with an average 949,000 viewers per race, according to Formula One. That has increased to an average 1.2 million after 18 of 22 races in 2022.

The inaugural Miami Grand Prix broadcast on ABC television this year generated an average viewership of 2.6 million, the largest U.S. audience ever for a live Formula One race.

Next season is scheduled to have a record 24 races

"We are delighted to announce that our partnership with ESPN will continue," said Formula One chief executive Stefano Domenicali in a statement.

"Formula One has seen incredible growth in the United States with sold-out events and record television audiences... The ESPN networks have played a huge part in that growth with their dedicated quality coverage."

Motor racing-Formula One and Walt Disney extend ESPN deal until 2025
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email