Formula 1
Right Formula adds to F1 portfolio with THG activation deal
Manchester-based e-commerce and consumer goods company THG has appointed the Right Formula agency to activate its new sponsorship agreement with the Williams Formula 1 team.
Formula 1 delivers 15.8-per-cent increase in central sponsorship income
Formula 1 will generate $445m (€410.1m/£358.1m) in central sponsorship income this year, an increase of 18.9 per cent on the $374m it generated in 2022.
F1 rights switch hands in Czech Republic, Slovakia
Formula 1 action will return to the schedules of Nova Sport in the Czech Republic and Slovakia next season after the pay-television broadcaster finalised an exclusive deal
Viaplay brings F1 TV Pro into Netherlands offering from 2024
F1 TV Pro, the premium version of Formula 1 motor racing's in-house streaming service, is to be made available to customers of Viaplay Group in the Netherlands from next year
Liqui Moly extends ‘aspirational’ F1 sponsorship
German motor oil manufacturer Liqui Moly has extended its central sponsorship deal with Formula One – the pinnacle of the brand’s sponsorship activities across multiple sports.
Channel 4 extends F1 rights deal with Sky to 2026
Channel 4 has extended its Formula 1 sublicensing agreement with pay-television operator Sky for a further three years, granting the UK free-to-air broadcaster live rights to the British Grand Prix and…
Otro, RedBird and Maximum Effort acquire stake in F1 outfit Alpine
A consortium consisting of Otro Capital, RedBird Capital Partners and Maximum Effort Investments has invested €200m ($217.8m) to acquire a 24-per-cent equity stake in Formula 1 team Alpine Racing.
Sky Deutschland lifts paywall for two F1 races
Sky Deutschland has announced it will simulcast live coverage of two Formula One races on its YouTube channel as the pay-television broadcaster seeks to honour its free-to-watch obligations in the absence…
Spanish watchdog opens case against Telefónica over DAZN F1 deal
Telecoms operator Telefónica is facing fresh action from Spain’s competition watchdog, the Comisión Nacional de los Mercados y la Competencia (CNMC), over its sublicensing deal with OTT subscription bro…
Paramount+ becomes Formula 1 Official Partner
Video-on-demand subscription service Paramount+ has agreed a multi-year deal to become an Official Partner of Formula 1
Williams hires UFC’s Asencio as chief revenue officer
Formula 1 team Williams Racing has hired Ultimate Fighting Championship (UFC) executive Paul Asencio to lead its commercial and marketing operations as chief revenue officer
ROKiT launches fresh legal claim in Williams sponsorship battle
The ROKiT conglomerate has launched a fresh legal claim against Williams Racing, claiming compensation in excess of $149.5m (€137.2
McLaren expands OKX sponsorship deal
McLaren Racing has expanded its sponsorship deal with cryptocurrency exchange OKX, with the brand securing an increased presence on its Formula 1 MCL60 team car
Kraken signs major Williams Racing sponsorship
Williams Racing has named cryptocurrency platform Kraken as the Formula One team’s first-ever ‘Official Crypto and Web3 Partner’.
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McLaren F1 lands latest US sponsor with Workday deal
McLaren Racing has announced its latest sponsorship agreement with a US-based firm, striking a deal with financial management company Workday
EXCLUSIVE: Formula 1 poised to announce Heineken sponsorship renewal
Formula 1 is poised to announce a multi-year renewal of its Global Partner agreement with Heineken
EXCLUSIVE: F1 renegotiates ISG betting deal and agrees Supponor virtual advertising tie-up
Formula One has renegotiated its global agreement with the Interregional Sports Group (ISG) covering the marketing of its betting sponsorship rights using virtual advertising technology so that the deal…
StarHub continues F1 coverage through beIN carriage
Singaporean telecoms operator StarHub will continue to carry pay-television broadcaster beIN Sports’ coverage of the Formula 1 motor racing championship.