Netflix trying to secure broadcasting rights for F1 in historic first for streaming giants

Netflix trying to secure broadcasting rights for F1 in historic first for streaming giants
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Netflix trying to secure broadcasting rights for F1 in historic first for streaming giants
Author: Katherine Walsh
Published: Feb, 07 2025 08:54

Summary at a Glance

Netflix trying to secure broadcasting rights for F1 in historic first for streaming giants NETFLIX is working to secure broadcasting rights to Formula One, according to reports.

(AP Photo/Denes Erdos, File)] ESPN currently holds the US rights under a £72m deal, but it is understood that the broadcaster’s exclusivity period to negotiate a new contract with F1 has just expired.

Sky Sports has the UK live rights until 2029, and has a deal with Channel 4 for it to show the British Grand Prix live and highlights.

There has been huge growth in F1 fan numbers in the US - which hosts three of the 24 races a year - and the rights would be relatively cheap.

Netflix has also hired Kate Jackson, ESPN’s vice-president of production, who oversees the network’s F1 coverage, reports the Sports Business Journal.

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