Sport is to "reluctantly" end its Formula 1 television contract three years early as part of savings across the corporation.
Channel 4 will take on the broadcast rights from next season.
"The current financial position of the some tough and unwanted choices have to be made," said Barbara Slater, the director of sport.
However, Radio 5 live has extended its commentary rights for F1 until the 2021 season. sport broadcast 10 live races of Briton Lewis Hamilton's world championship-winning season in 2015 with a one-hour build-up to each grand prix. It also offered extensive highlights of the nine other races.
Monday, December 21, 2015
end the Formula 1 television contract early
Sport is to "reluctantly" end its Formula 1 television contract three years early as part of savings across the corporation.
Channel 4 will take on the broadcast rights from next season.
"The current financial position of the some tough and unwanted choices have to be made," said Barbara Slater, the director of sport.
However, Radio 5 live has extended its commentary rights for F1 until the 2021 season. sport broadcast 10 live races of Briton Lewis Hamilton's world championship-winning season in 2015 with a one-hour build-up to each grand prix. It also offered extensive highlights of the nine other races.
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