F1, ESPN open talks over next US media rights deal, FT reports

Reuters11-22 12:06
F1, ESPN open talks over next US media rights deal, FT reports

Nov 21 (Reuters) - Formula One has opened negotiations with broadcaster ESPN over its next U.S. media rights deal with one year left on the existing contract, the Financial Times said on Thursday.

Formula One and ESPN are locked in talks during an exclusivity period that expires before the end of the year, the FT report said, citing two people with direct knowledge of the matter.

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Savio D'Souza)

((rishabh.jaiswal@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment