Spanish broadcaster Movistar Plus has extended its rights deal with Formula One owners Liberty Media to secure live coverage of the global motorsport series until 2020.
News of the three-year renewal was first reported last week by online news outlet El Español. Now confirmed, the agreement ensures that the pay-TV channel will continue to show each of the series’ 21 annual Grands Prix, including coverage of Friday and Saturday’s practice sessions, qualifying and races.
Movistar has also been granted a number of additional digital rights, and will work with Formula One to produce exclusive content for distribution across its digital and social media platforms.
The financial terms of the deal have not been released. Movistar has been showing Formula One in Spain since 2014, although TVE, the country’s public service broadcaster, and TV3, the Catalan public service broadcaster, showed the 2017 Spanish Grand Prix.
Ian Holmes, Formula One’s director of media rights, said: “Spain is one of the most important European markets for Formula One and, thanks to this partnership, the Spanish fans will be able to continue to enjoy the spectacle provided by the pinnacle of motorsport 24/7 on a dedicated channel, Movistar Formula One.”
The 2018 Formula One season gets underway with the Australian Grand Prix in Melbourne on 25th March.