Trump Plans New Executive Order to Address Rising NIL Costs in College Sports 
White House Defends Trump’s FIFA Peace Prize Amid Global Criticism 
Germany Seen Gaining as U.S. China-Built Ship Fees Reshape Trade 
China Inflation Cools in June as Producer Prices Hit Four-Year High 
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate 
Trump Booed at Club World Cup Final, Praises Pele as Soccer’s GOAT 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Asian Currencies Slip as Stronger US Dollar, Iran Tensions Pressure Regional FX 
OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says 
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines 
Trump Threatens Stadium Deal Over Washington Commanders Name 
Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief 
Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets 
Spying, Southampton and economic pressure cooker of the ‘richest match in football’ 
Oil and LNG Tankers Turn Back as Strait of Hormuz Security Risks Escalate 
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside 
Republican Lawmakers Urge National Guard Role for World Cup Drone Security 
Formula One has renewed its US media rights deal with ESPN until the end of 2025, reportedly worth between US$75 million and US$90 million per year.
The agreement represents a significant increase over the broadcaster owned by Disney's current three-season contract, which expires after 2022 and is valued at US$5 million annually.
Although an unspecified number of Grands Prix will air exclusively on the ESPN+ streaming service, the majority of races will be broadcast on the linear television channels ESPN or ABC.
There were reportedly bids from Comcast and Amazon, with the former's reportedly valued at around $100 million and including the right to sublicense to a linear broadcast network.
The value of Comcast's offer was comparable to that of ESPN and included several races being streamed on its Peacock over-the-top (OTT) platform in addition to linear coverage on NBC and USA Network.
Netflix reportedly made a bid as well, but it fell short of competing for offers in terms of price because Formula One executives are reportedly not yet ready to exclusively stream every race in the series.
ESPN has consistently held out hope that its Formula One broadcasting agreement will be renewed. Burke Magnus, president of programming and original content for the network, stated last month that ESPN had "very positive talks" with F1.
The massive increase in ESPN's reported extension follows a sharp increase in Formula One viewing in the US.
