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

Formula 1 May Shift Gears, Leave Two Races in Rearview

  • Formula 1 is planning to revive and add new races to its 2023 calendar.
  • The Belgian and French Grand Prixs’ Formula 1 contracts end this year.
Formula-1-Las-Vegas
F1

Formula 1 contracts for the Belgian and French Grands Prix end this year — and it doesn’t look like the sport will return anytime soon.

The Belgian GP is not on the provisional 2023 calendar, and with multiple revived races in other countries, there may not be a slot for the French GP in the 24-race calendar. The 2022 season ran 22 races.

Formula 1’s 2023 calendar will likely feature the return of the South African GP at Kyalami, plus races in Shanghai, Las Vegas, and Qatar.

  • The Kyalami deal is reportedly not finalized yet.
  • China’s 2022 race is also up in the air due to pandemic-related concerns. The reported plan is to move the race toward the end of the year.

Monaco will have to be finalized, too. F1 reportedly wants to raise its commercial fee above its current $15 million — one of its smallest hosting fees — to match the level of other events. Qatar reportedly pays F1 $55 million for its contract, while China pays $50 million. France’s current deal is for $22 million.

Driver Dilemma

“I think we all love going to France, to Spa, but at the same time the sport is growing so much that I guess there’s a lot of new places that are, I guess, paying quite a lot of money to be part of Formula 1,” Ferrari driver Carlos Sainz said. 

Sainz added that the calendar needs to stay under 25 races.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

July 9, 2009; Auburn Hills, MI, USA; Detroit Pistons president Joe Dumars during the press conference to introduce their new head coach John Kuester at their practice facility.

Joe Dumars Leaving NBA League Office to Run Pelicans

Joe Dumars was the architect of the 2004 champion Pistons.
Mar 20, 2025; Providence, RI, USA; Arkansas Razorbacks forward Karter Knox (11) controls the ball against Kansas Jayhawks during the first half at Amica Mutual Pavilion.

Men’s March Madness Sets Opening-Day Viewership Record

CBS Sports and TNT Sports scored big with Arkansas–Kansas.

Callaway’s LIV Deal Shows How Much Golf Has Shifted

The company has signed a first-of-its-kind club contract.
Max Verstappen. Christian Horner

How Much Do F1 Pit Crew Members Make?

Crew chiefs earn $1 million, the most on the pit crew.

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.