Formula 1 and Sky have signed a five-year extension to their UK, Ireland and Italy broadcast partnership, locking in the sport's most lucrative European pay-TV deal until 2034 in a contract reportedly worth £1 billion to F1's owners.
The new agreement extends a relationship that began in 2012, when Sky first won the live UK rights, and it pushes Sky's exclusive live access in Britain and Ireland from the previous 2029 expiry through to the end of the 2034 season. The Italian deal with Sky Italia has been extended by three years to 2032.
F1 chief executive Stefano Domenicali framed the deal in personal terms, name-checking Sky Group chief executive Dana Strong in his statement.
"Sky has always been a dedicated, trusted, and passionate partner since we began our relationship many years ago," Domenicali said. "Their world leading approach to live broadcasting, content creation, and behind-the-scenes analysis led by a truly amazing group of on-screen talent has made the difference in continuing to grow our sport in the UK, Ireland, and Italy and I am delighted we will be taking our partnership into the next decade."
Domenicali added: "I want to thank Dana and all the team at Sky for their determination to get this deal in place and to continue to bring the excitement of Formula 1 to our passionate fans."
Strong leaned heavily on the Antonelli-led generational shift on track to underline the deal's logic.
"We're proud of the role we've played in supporting the sport's growth through world-class storytelling, innovation and long-term investment," she said. "This new agreement secures Sky as the home of Formula 1 for years to come, as the sport enters an exciting era with more British talent on the grid and rising stars like Kimi Antonelli."
The announcement also clarifies a question that had hung over F1's UK distribution since rumours of an Apple TV bid surfaced earlier in the year. Apple has continued conversations around international free-to-air rights but, for the foreseeable future, has not displaced Sky from the live UK package. Free-to-air highlights and the British Grand Prix coverage will continue to be carried by Channel 4 through the end of 2026.
Financial terms were not disclosed by either party, but Reuters and AOL both reported the headline figure as a £1 billion package across the new five-year window. That would represent a meaningful uplift on the previous deal and matches the trajectory of Liberty Media's wider rights monetisation — a strategy that has seen Morgan Stanley name Liberty's F1 holding as a top US sports investment pick in the past 24 hours.
For F1, the timing is conspicuous. Antonelli has won three of the opening four rounds of 2026, Lando Norris and Oscar Piastri are providing the McLaren counterweight, and the new ground-up regulations have produced a tighter qualifying spread than at any point since 2017. A long-term broadcast partner secured at peak audience growth removes the most obvious commercial risk hanging over the sport in its biggest English-language market.
It also entrenches Sky as the production engine for the European audience just as F1 prepares to add new venues, refresh existing race deals, and absorb the impact of a US-driven Cadillac entry on the grid. With contracts now stretching deeper than the term of any current driver, Sky has positioned itself to be the platform on which the next champion is made — in living rooms, if not on track.
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*Originally published on [News Formula One](https://newsformula.one/article/f1-and-sky-extend-broadcast-deal-through-2034). Visit for full coverage.*