CORPORATE FORTUNES

Canal+ Extends F1 Rights To 2029

By Jonathan Easton

Canal+ has extended its broadcast rights deal with Formula 1 through to 2029.

The French broadcaster has held the rights to the competition in the country since 2013. It said that the sport’s popularity is exploding, with the first two races of the 2022 season already ranking among the top five ratings of all time for F1 events on Canal+.

Canal+’s coverage attracted an average of 1.14 million viewers for each Grand Prix in the 2021 season, up 18 per cent from 2020 and 50 per cent from 2019.

The extended distribution deal will offer Canal+ subscribers access to F1TV Pro through myCANAL. The channel offers a more immersive experience of races with 20 live onboard video feeds and unedited team radio.

Director of MeDdia Rights and Content Creation at Formula 1, Ian Holmes said: “We’re delighted to announce the extension of our partnership with Canal+, who will continue to bring F1 action to fans in France as we enter an exciting new era for the sport, and beyond. The increase that we see year-on-year is a testament to the programming that they provide to their audience, as they continue to look for new and innovative ways to engage with fans.”

President of Canal+ Group, Maxime Saada said: “We are proud and happy to continue to broadcast the Formula 1 Championship exclusively until 2029. We sincerely thank F1, and in particular Stefano Domenicali, for their renewed trust, allowing us to bring to our subscribers a thrilling competition which keeps increasingly seducing the fans and attracting a wider audience.

“For nearly 10 years, we have been bringing an immersive experience, along with world-renowned expertise, endlessly improved by our editorial team, led by Thomas Senecal. F1 has undoubtedly become a must-watch sport for our audience, as evidenced by the 50 per cent increase in viewership over the past two years.”https://www.digitaltveurope.com

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