Trump to Host UFC Event at White House on His 80th Birthday 
U.S. Plans $115 Million Counter-Drone Investment to Secure FIFA World Cup and Major National Events 
US Reviewing Visa Denial for Venezuelan Little League Team Barred from World Series 
Trump Booed at Club World Cup Final, Praises Pele as Soccer’s GOAT 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Los Angeles Mayor Says White House Must Reassure Fans Ahead of FIFA World Cup 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate 
Trump Set to Announce Washington D.C. as Host of 2027 NFL Draft 
ESPN held talks with Formula One over a broadcast partnership renewal, according to the US network’s president of programming and original content, Burke Magnus.
The current deal, where ESPN pays about US$5 million annually, expires after the 2022 season.
Formula One’s owner Liberty Media is reportedly seeking upward of US$75 million per year for the next contract.
The significant increase can be ascribed to an increase in the sport's viewing numbers in recent years. Notably, the Miami Grand Prix on May 8th received 2.6 million viewers on Disney-owned ABC, the largest audience ever for a live Formula One program in the United States. The race also saw ESPN post the greatest qualifying or practice session viewership since gaining Formula One rights in 2018.
Despite the F1’s increased demand due to its rising popularity in the US, the network intends to extend its coverage if the rights are retained.
Last month, Greg Maffei, president and chief executive of Liberty Media, revealed several broadcasters are in the running to secure the new deal.
Maffei added that while they are with ESPN this year, they’re looking for a broadcast partner for next year and has attracted a lot of interest.
Maffei acknowledged that ESPN has been a great partner and that it got a very good deal with them that it has capitalized to get an increase in popularity.
