Fox, NASCAR Expand TV Agreement

Adds Two Years to Deal Signed Last Year, 17 More Annual Races

Fox and NASCAR announced Thursday they have expanded their media rights agreement.

Financial terms were not disclosed.

The expansion adds two years to the deal the two companies signed last October, now through 2024. Fox also gains rights to 17 more races: three Sprint Cup Series and the first 14 Nationwide Series events each season. With the deal,Fox --also fortifying the events lineup for fledgling national cable service, Fox Sports 1, that will bow on Aug. 17 --  now holds rights to 16 Sprint Cup Series races.

"Fox Sports has been an outstanding partner for NASCAR and we could not be more pleased with the additional commitment they are making to our sport and the fans," said NASCAR chairman and CEO Brian France. "Fox Sports has delivered for our fans a number of innovations that have changed how our sport is presented, and our entire industry has now come to expect excellence from NASCAR on Fox. We believe this new agreement underscores our shared commitment to the fans over the next decade."

Fox's pact follows the deal NACSAR signed with the NBC Sports Group last week. NBC Sports Network and NBC, which last broadcast NASCAR events in 2006, will televise the final 20 NASCAR Sprint Cup Series races, the final 19 NASCAR Nationwide Series races and the NASCAR K&N Pro Series and NASCAR Whelen Modified Tour events beginning in 2015.

All told, NASCAR will have the same number of Sprint Cup races on network television (16) as it does in the current television package. Fox Sports will broadcast nine races and NBC will show seven.