NBC Sports Group Revs Four-Year Rights Deal with Formula One

Gains Exclusive U.S. Multimedia Rights to All Grand Prix Races, Qualifying Sessions, Practice Runs

NBC Sports Group has agreed to a four-year deal for the exclusive U.S. media rights with Formula One Management, the top international open-wheel racing promoter.

Starting next year, NBC Sports Group will televise all 20 F1 races -- four on NBC and 16 on NBC Sports Network -- as well as qualifying, practice sessions, studio shows and re-airs that total more than 100 hours of programming annually. NBC gets The Grand Prix of Canada in June, as well as the final three races of the 2013 season in November, while the remaining 16 races will air on NBC Sports Network. All races will also be live-streamed on NBC Sports Live Extra.

"We are thrilled to add the top international open-wheel racing series to our already-strong motorsports portfolio," said Jon Miller, president, programming, NBC Sports and NBC Sports Network. "Formula One is a perfect fit for the NBC Sports Group as it provides content across three platforms -- broadcast, cable and digital -- for nine months a year with more than 100 hours of premier programming annually."