Friday, September 22, 2023
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

Formula 1 is Looking for a More Lucrative U.S. Media Deal

in News
Formula 1 is looking for a more lucrative u. S. Media deal
Share on LinkedinShare on WhatsApp

Formula 1 is looking for a more lucrative U.S. media deal, according to CNBC.

Formula 1 Group CEO Stefano Domenicali said he sees “great opportunity” in negotiations with players he did not name, and that he expects the next deal to “build on” the current ESPN fees.

“We need to be respectful for the fact that ESPN did a great job for us to promote the business in that landscape … the future is very interesting for us,” he said to the portal.

According to reports, ESPN is paying near $5 million per year after a deal signed in 2019 which ends this season. Now Formula 1 is seeking as much as $75 million a year.

“We are just at the beginning of this new journey,” Domenicali said.

After years trying to reach the U.S. audience, Formula 1 seems ready to move forward in the U.S since Miami joined Austin hosting a 2022 season Grand Prix race. Las Vegas is scheduled to be included in the 2023 season.

According to Sports Journal Business, Formula 1 viewers in the U.S (on ESPN and ABC) rose 54% compared with the 2020 season. Historically popular overseas, Formula 1 is averaging more than 80 million viewers per race worldwide.

Just days before the Miami Grand Prix, Formula 1 and Netflix confirmed that their “Drive to Survive” series has been renewed for a fifth and sixth season. A success in the U.S. the series attracted its biggest audience, achieving the Netflix top 10 status in 56 different countries.

Tags: ESPNFormula 1Formula One

Related Posts

Philip morris weighs selling stakes in pharmaceutical sector
Business

Philip Morris weighs selling stakes in pharmaceutical sector

Treasury yield hits 15-year high
Industry

Treasury yield hits 15-year high

Cisco to acquire splunk for $28 billion
Business

Cisco to acquire Splunk for $28 billion

Rupert murdoch resigns as head of fox news and news corp.
Management & Leadership

Rupert Murdoch resigns as head of Fox News and News Corp.

Us brings back free at-home covid tests
Innovation

US brings back free at-home Covid tests

Instacart loses ipo gains during second trading day
Business

Instacart loses IPO gains during second trading day

Fed puts off interest rate hike
Industry

Fed puts off interest rate hike

Us automakers layoff workers amid uaw strike
Industry

US automakers layoff workers amid UAW strike

Warner bros. Discovery adds live sports streaming to max
Business

Warner Bros. Discovery adds live sports streaming to Max

Retailers’ holiday hiring plans sink to lowest levels since 2008
Industry

Retailers’ holiday hiring plans sink to lowest levels since 2008

No Result
View All Result

Recent Posts

  • American travelers reveal best and worst airports nationwide
  • UN head urges for end of fossil fuel subsidies
  • YouTube to launch AI tools for creators
  • Tech IPO gains slump showcases Silicon Valley’s overvaluations
  • Philip Morris weighs selling stakes in pharmaceutical sector

Recent Comments

  • Juul Unveils Cutting-Edge Vaping Tech: Navigating FDA Uncertainties – iStreetPark Blog on Juul hopes FDA won’t ban its new high-tech vape
  • CEO North America, August - September 2023 - CEO North America on Interviews – CEO North America, October – November 2022
  • CEO North America, August - September 2023 - CEO North America on CEO North America, December 2022 – January 2023
  • CEO North America, August - September 2023 - CEO North America on Why Tech Companies Are Moving to Texas and Florida
  • CEO North America, August - September 2023 - CEO North America on CEO North America, February 2023 – March 2023

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials – stuart.james@ceo-na.com

Advertising – media@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

 

MEXICO CITY

Paseo de la Reforma 296,
Floor 38
Mexico City
06600
MEXICO

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Editorials –
stuart.james@ceo-na.com

Advertising –
media@ceo-na.com

NEW YORK

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

MEXICO CITY

Paseo de la Reforma 296,
Floor 38
Mexico City
06600
MEXICO

CEO North America © 2022 - Sitemap

No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Warning: array_sum() expects parameter 1 to be array, null given in /home/ceonacom/public_html/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111