Australia’s major sports codes are considered not-for-profits – is it time for them to pay up? 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Trump Set to Announce Washington D.C. as Host of 2027 NFL Draft 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
From Messi to Mika Häkkinen: how top athletes can slow down time 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Why the Australian Open’s online tennis coverage looks like a Wii sports game 
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Formula One has renewed its US media rights deal with ESPN until the end of 2025, reportedly worth between US$75 million and US$90 million per year.
The agreement represents a significant increase over the broadcaster owned by Disney's current three-season contract, which expires after 2022 and is valued at US$5 million annually.
Although an unspecified number of Grands Prix will air exclusively on the ESPN+ streaming service, the majority of races will be broadcast on the linear television channels ESPN or ABC.
There were reportedly bids from Comcast and Amazon, with the former's reportedly valued at around $100 million and including the right to sublicense to a linear broadcast network.
The value of Comcast's offer was comparable to that of ESPN and included several races being streamed on its Peacock over-the-top (OTT) platform in addition to linear coverage on NBC and USA Network.
Netflix reportedly made a bid as well, but it fell short of competing for offers in terms of price because Formula One executives are reportedly not yet ready to exclusively stream every race in the series.
ESPN has consistently held out hope that its Formula One broadcasting agreement will be renewed. Burke Magnus, president of programming and original content for the network, stated last month that ESPN had "very positive talks" with F1.
The massive increase in ESPN's reported extension follows a sharp increase in Formula One viewing in the US.
