V8 Supercars Look To Secure Broadcast Rights Beyond 2020
According to new reports, the V8 Supercars have begun negotiations with commercial broadcasters for a new sports rights deal as its existing arrangement with Network Ten and Foxtel comes to an end in 2020.
In 2013, Supercars landed the biggest rights deal for the sport in its history, signing a six-year, $241 million media deal across Foxtel and Ten for the 2015-2020 seasons.
Although unavailable for comment, The Sydney Morning Herald pointed to CBS-owned Network Ten, Seven West Media and Foxtel as the broadcasters in discussions with the motorsports organisation.
If Seven was to pursue the rights, it would bolster its motorsports programming after securing a multi-year deal with Australian Racing Group, which includes the TCR Australia Series, S5000 and categories from the Shannons Motorsport Australia Championships.
Meanwhile, Network Ten currently has the rights to the Melbourne Cup carnival and a deal currently in place with Rugby Australia, which is about to go to tender.
Foxtel’s exclusive Formula One rights, which it took from Network Ten in 2017, will expire in 2022.