HomeBroadcastF1 Announces New APAC Broadcast Deal

F1 Announces New APAC Broadcast Deal

F1 2022 Q1 Financial Report

F1 Announces New APAC Broadcast Deal

The world of Formula 1 racing just got a little more exciting for fans, with BeIN Sports acquiring exclusive rights to the championship in ten territories through the 2025 season.

The three-year agreement, which begins with the upcoming 2023 campaign, includes exclusive rights to broadcast all race weekends including practice sessions, qualifying, F1 Sprint events, and grands prix.

Fans in Hong Kong, Singapore, Malaysia, Brunei, Indonesia, Timor-Leste, Thailand, Laos, Cambodia, and the Philippines will be able to catch all the action on BeIN Sports linear channels and the BeIN Sports Connect streaming app.

Commenting on the partnership, F1 director of media rights and content creation, Ian Holmes, said: “Following a number of years of growing interest across Asia, we are delighted to announce this partnership with BeIN Sports.

“As Formula 1 continues to attract new fans around the world, world-class broadcasting is key, and this agreement will allow us to find new and innovative ways for our fans in Asia to follow and engage with our sport,” he said.

BeIN managing director od Asia Pacific, Mike Kerr, added: “We are extremely excited to add Formula 1 as we continue to invest in strengthening our ever-expanding line-up of sports content for our viewers.

“With the rapid growth Formula 1 has experienced in recent years, we look forward to working alongside Formula 1 to broaden its fan base in our markets by bringing an unparalleled viewing experience across all screens,” he said.

This acquisition comes after F1 negotiated deals with individual broadcasters in each Southeast Asian territory for the 2022 season, which, was necessary after pay-TV operator Fox Sports Asia closed its channels in the region in 2021 after their strategic shift to direct-to-consumer streaming platforms.

The announcement comes after Saudi Arabia launched a takeover bid for the championship.

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