A PYMNTS Company

Telefonica Spain Explands Formula 1 Rights Until 2023

By  |  October 12, 2020

Telefonica has announced a 3-year extension of its rights to broadcast Formula 1 (F1) races in Spain on the Movistar+ pay-TV service until 2023, reported Telecom Paper. 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The operator has been airing F1 Grands Prix since 2014 and on an exclusive basis since 2016. It will continue to broadcast live races on the Movistar Formula 1 4K channel, with highlights on its Vamos channel, for residential and “horeca” (hotel, restaurant and café) customers alike.

    The deal comes just a few weeks after Telefonica renewed the rights to broadcast NBA and ACB basketball games on an exclusive basis for its four million-plus pay-TV subscribers in Spain.

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.