• Loading stock data...
Saturday, April 19, 2025

Mercedes Extends F1 Deal Worth $75M Annually

  • Mercedes and Petronas are extending their title and technical deal.
  • The new pact begins in 2026 and pays Mercedes $75 million per year.
Mercedes-Petronas
John David Mercer-USA TODAY Sports

With major changes coming to Formula 1 in 2026, Mercedes is staying the course.

The iconic carmaker extended its title and technical deal with Malaysian oil company Petronas from 2026.

  • The deal is for $75 million per season.
  • The extension continues an arrangement that began with Mercedes’ entry into F1 in 2010.
  • Mercedes has won eight championships in that time, but are in third place this year, behind Red Bull and Ferrari.

Sustained Relationship

Starting in 2026, F1 will switch to 100% sustainable fuels and engines that draw 50% of its their power from electric sources. The change has caused a reckoning for constructors throughout the racing series.

“From 2026, advanced sustainable fuel will be at the heart of F1 performance,” said Mercedes CEO and team principal Toto Wolff.

Audi is joining the series as a power unit constructor in 2026. Porsche had plans to team up with Red Bull that year, but the two sides scrapped negotiations after failing to come to an agreement. Porsche still hopes to join F1.

Racing legend Mario Andretti has sought to bring an 11th team to the series, but F1 CEO Stefano Domenicali has expressed concerns about the grid becoming too crowded with additional teams.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NHL Breaks Attendance Record for Third Straight Season

More than 23 million hockey fans attended games this season.

UFL Dealing With Challenges Three Weeks Into Second Season

The spring football league is in its second season.
RFK

Commanders Plan $3B Return to RFK Stadium Site—With Some Opponents

A potential deal calls for a new stadium costing more than $3 billion.

WNBPA Matches NBA’s 3-Point Contest Prize. Will Caitlin Clark Join?

The 2025 WNBA All-Star weekend will be in Indianapolis.

Featured Today

Dec 9, 2024; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) watches as center Karl-Anthony Towns (32) celebrates after making a three point basket to clinch a win against the Toronto Raptors near the end of the fourth quarter at Scotiabank Arena

Same Owner, New Knicks: New York’s Remarkable Rebound

The franchise’s renaissance didn’t happen overnight.
Masters
April 18, 2025

Why The Masters Quietly Cracked Down on Ticket Resellers

Insiders expect big changes are coming to ticketing at Augusta National.
exclusive
April 16, 2025

Inside Nico Iamaleava’s Ugly Breakup With Tennessee

Iamaleava’s representatives claim to FOS he didn’t push for more NIL money.
Jul 29, 2024; Villeneuve-d'Ascq, France; France center Dominique Malonga (14) and guard Marine Johannes (23) celebrate after defeating Canada during the Paris 2024 Olympic Summer Games at Stade Pierre-Mauroy
April 13, 2025

‘Has to Change’: The WNBA’s International Player Problem

As more global stars arrive, the “prioritization” rule is causing tension.

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

This week, Two-time Super Bowl Champion and CBS NFL analyst Logan Ryan joins us to talk the business of sports on our third installment of Portfolio Players.
March 4, 2025

Eagles Make Saquon Barkley NFL’s Highest-Paid Running Back Ever

Barkley is coming off a historic 2024 season with the Eagles.
February 18, 2025

Tiger Woods Signs First PGA Tour Player to Wear Sun Day Red

Karl Vilips will wear Sun Day Red at his season debut at the Mexico Open.
Teammates embrace during matchup in The Hundred cricket league
February 15, 2025

Google, Microsoft, Adobe CEOs Buy Stakes in Cricket League

The England and Wales Cricket Board raised £520m by selling team stakes.
Jul 30, 2022; Pasadena California, USA; Juventus forward forward Dusan Vlahovic (9) and Real Madrid forward Vinicius Jose Paixao (20) battle for the ball in the first half during an international friendly at the Rose Bowl.
February 14, 2025

‘Make Juventus Great Again’: Crypto Firm Tether Buys Stake in Soccer Club

Tether is just one of many crypto firms making sports investments.