Pay-television broadcaster beIN Sports is finalising a multi-year deal beginning in 2023 for Formula 1 rights across its Asian markets, SportBusiness understands.
BeIN won the rights a few months ago during a sales process in which it is understood to have faced competition from broadcasters in several markets. The deal is understood to cover beIN's Asia-Pacific footprint, excluding Australia and New Zealand. This would mean it covers: Brunei, Cambodia, Hong Kong, Indonesia, Laos, Malaysia, Philippines, Thailand, Timor-Leste and Singapore.
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