ESPN to End Formula 1 Broadcast Partnership After 2025

The network's decision opens the door for Netflix, NBC, and others to compete for U.S. F1 media rights.

ESPN has announced it will not renew its Formula 1 broadcast rights after the current contract expires at the end of the 2025 season.
The network has held U.S. broadcasting rights since 2018, paying approximately $90 million per season under its current deal.
Formula 1's growing popularity in the U.S., bolstered by Netflix's 'Drive to Survive,' has led to increased competition for the rights, with Netflix and NBC emerging as potential bidders.
ESPN's decision aligns with Disney's broader strategy to focus on media rights with sustainable financial returns, potentially influenced by F1's demand for higher fees.
The 2025 season will be ESPN's final year broadcasting F1, concluding a period of record U.S. viewership growth for the sport.