Sponsorship 2 min read

Formula 1 Names FanDuel as First Official Betting Operator in North America

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Formula 1 has announced a multi-year partnership with FanDuel, marking the first time the global racing series has partnered with a betting operator in the United States.

The agreement positions FanDuel as an Official Betting Operator, pairing the world’s premier motorsport with North America’s leading sportsbook as F1 continues its aggressive commercial expansion into the U.S. and Canadian markets.

The partnership seeks to capitalise on the rapidly evolving sports betting landscape in North America. By integrating FanDuel’s platform, the league aims to deepen fan engagement and provide a data-driven layer to the race-day experience for its growing North American audience.

Strategic and Commercial Objectives

The deal reflects F1’s broader strategy to fuel its momentum in the U.S., where interest has surged following the success of domestic races in Miami, Austin, and Las Vegas.

Noting that sports betting has become an essential component of fan interaction, director of commercial partnerships at Formula 1, Jonny Haworth, said: “FanDuel is yet another avenue that eligible fans can enjoy and experience the thrill of Formula 1.” 

Emphasising the role of technology in the deal, managing director of FanDuel Sportsbook, Karol Corcoran, added: “Formula 1 generates an incredible amount of real-time data, and our platform is built to turn that into engaging betting opportunities.” 

Integrated Data and Fan Experience

Under the new agreement, FanDuel will leverage Formula 1’s extensive real-time data to offer its 17 million customers immersive betting opportunities. Key features of the partnership include:

  • Content Integration: FanDuel insights will be embedded into F1’s age-gated Betting Guide and editorial content across its official website and app.
  • Real-Time Markets: Fans will have access to a variety of wagering options, including race winners, podium finishes, and head-to-head driver matchups.
  • Interactive Engagement: The platform will provide “live” betting context throughout race weekends, allowing eligible fans to interact with the sport’s high-speed variables in real-time.

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