F1 agrees new partnership with Paramount+

Formula 1 has announced details of a new official partnership with TV streaming service Paramount+.

Red Bull Racing pit lane booth

The two parties co-operated with a temporary arrangement last year and have now expanded that in a deal that reflects F1’s efforts to extend its relationships in the TV world, especially in the American market.

The rights to broadcast races in the USA are held by Disney-owned ESPN until the end of 2025, while the sixth series of Drive to Survive is already being shot by Netflix.

Intriguingly, Paramount+ is already extensively involved in the broadcast of major sporting events in the USA, notably with the NFL, UEFA Champions League and Masters and PGA golf, hinting perhaps that its F1 involvement could eventually move in that direction when the rights come up for 2026 and beyond.

The first indications of the new arrangement were seen at the Australian Grand Prix, where the Kiefer Sutherland series Rabbit Hole was the subject of heavy promotion, with logos featuring prominently in the pitlane and elsewhere.

F1 says the new deal is focused on fan engagement and that will see “the streamer’s popular content offering come to life at F1 events, with Paramount+ hit series, blockbuster movies and beloved characters taking centre stage inside Fan Zone areas, bringing together stars from the track and the big screen”.

Aside from Australia, the deal will result in signage plus “digital sponsorships and promotional opportunities” undertaken at all six races on the American continent, namely in Miami, Austin, Las Vegas, Montreal, Mexico City and Sao Paulo, as well as at Silverstone, Spielberg and Monza in Europe.

Max Verstappen, Red Bull Racing RB19, celebrates as he returns to the pits

Max Verstappen, Red Bull Racing RB19, celebrates as he returns to the pits

Photo by: Mark Horsburgh / Motorsport Images

That list represents all the race hosting countries where Paramount+ is available as an independent streaming service.

“This partnership exemplifies F1’s ongoing commitment to exploring new avenues to help promote the sport and appeal to new audiences,” said Brandon Snow, F1’s managing director of commercial.

“Paramount+ and the content on its platform are hugely popular and, like F1, has experienced rapid growth in recent years.

“Together, we will use our global platforms and collective expertise in entertainment to further enhance the fan experience and take both F1 and Paramount+ to new levels.”

Marco Nobili, executive vice president and international general manager of Paramount+, said that his company “continues to seek new, innovative ways to reach our global audiences, and I am confident this partnership with F1 will continue to support our growth globally.

“Becoming an official partner of F1 means bringing the Paramount+ brand and all our characters to life for hundreds of millions of fans worldwide.

“Through this global deal, the worlds of motorsport and entertainment will come together, resulting in powerful storytelling opportunities on and off the grid.”

shares
comments

Related video

Vasseur: All F1 teams "aligned" to introduce "dynamic" sprint qualifying

Vasseur: Ferrari has to understand Red Bull's "mega big DRS effect"

How football has posed difficult questions for F1

How football has posed difficult questions for F1

Plus
Plus
Formula 1
GP Racing

How football has posed difficult questions for F1 How football has posed difficult questions for F1

The fans that offer a ray of light in an increasingly partisan F1

The fans that offer a ray of light in an increasingly partisan F1

Plus
Plus
Formula 1
Japanese GP
Jake Boxall-Legge

The fans that offer a ray of light in an increasingly partisan F1 The fans that offer a ray of light in an increasingly partisan F1

Japanese Grand Prix Driver Ratings 2023

Japanese Grand Prix Driver Ratings 2023

Plus
Plus
Formula 1
Japanese GP
Alex Kalinauckas

Japanese Grand Prix Driver Ratings 2023 Japanese Grand Prix Driver Ratings 2023

How Verstappen’s crushing Japanese GP win showed Singapore was a blip

How Verstappen’s crushing Japanese GP win showed Singapore was a blip

Plus
Plus
Formula 1
Japanese GP
Jake Boxall-Legge

How Verstappen’s crushing Japanese GP win showed Singapore was a blip How Verstappen’s crushing Japanese GP win showed Singapore was a blip

Why the reality of F1 engineering debriefs isn't what Drive to Survive makes out

Why the reality of F1 engineering debriefs isn't what Drive to Survive makes out

Plus
Plus
Formula 1
British GP
GP Racing

Why the reality of F1 engineering debriefs isn't what Drive to Survive makes out Why the reality of F1 engineering debriefs isn't what Drive to Survive makes out

How Tsunoda has eliminated a crucial F1 limitation

How Tsunoda has eliminated a crucial F1 limitation

Plus
Plus
Formula 1
Japanese GP
GP Racing

How Tsunoda has eliminated a crucial F1 limitation How Tsunoda has eliminated a crucial F1 limitation

How McLaren has revamped its F1 team to become a contender again

How McLaren has revamped its F1 team to become a contender again

Plus
Plus
Formula 1
Japanese GP
GP Racing

How McLaren has revamped its F1 team to become a contender again How McLaren has revamped its F1 team to become a contender again

Why precedent doesn’t favour Massa’s F1 legal challenge

Why precedent doesn’t favour Massa’s F1 legal challenge

Plus
Plus
Formula 1
GP Racing

Why precedent doesn’t favour Massa’s F1 legal challenge Why precedent doesn’t favour Massa’s F1 legal challenge

Subscribe