TF1 and Formula 1, a long history
In an interview with Nonce Paolini given to the newspaper Le Parisien, the CEO of TF1 claims to have studied a reduction in the F1 broadcasting rights fees. It was in 1992 on the first French television channel (TF1) that Formula 1 appeared, and since then no other French channel has been able to broadcast […]
In an interview with Nonce Paolini given to the newspaper Le Parisien, the CEO of TF1 claims to have studied a reduction in the F1 broadcasting rights fees.
It was in 1992 on the first French television channel (TF1) that Formula 1 appeared, and since then no other French channel has been able to broadcast a Grand Prix. Although in 2006, TF1 signed a contract with Bernie Ecclestone extending until 2012, it seems that TF1 has not been able to make its investments profitable.
In 2008, its advertising revenue amounted to 1.6 billion euros. This prevents TF1 from being put in jeopardy. Etienne Mougeotte (French journalist and vice-president of the TF1 group) stated in 2006 in the magazine Stratégie that for 2006 to 2009, the rights to Formula 1 were at a financial break-even point, without making a profit.
Regarding the broadcasts of the Grand Prix, more than 10 out of 17 races will start at 2 p.m. French time. So tune in to the television on March 29 at 7:15 a.m. for F1 à la une and at 8:00 a.m. for the Australian Grand Prix.
With the help of TomorrowNewsF1.com
