Mediapro has renewed its deal for the Spanish media rights to Formula One for two more years.
The agreement runs from the start of 2014, with Mediapro’s current five-year contract set to expire at the end of 2013. That deal, which came into effect in 2009, was thought to be worth around €200 million in total.
The financial terms of this extension have not released. However, according to Spanish media reports, it is likely to be at a reduced annual rate from the previous deal.
Mediapro’s Formula One coverage was originally available on La Sexta. However, following the collapse of La Sexta's deal Mediapro, Antena 3 began airing coverage from 2012.