With its current F1 TV arrangement set to expire at the end of the 2015 season, Network Ten has renegotiated its deal, extending it until the end of 2019.
The financially embattled free-to-air network, which is reportedly subject to a buy-out bid by Foxtel and Discovery, has retained rights to all Formula One races, but has decided to strike a new sub-licensing deal with pay TV network Fox Sports.
As part of the sub-licensing agreement, Fox Sports will air live, in high definition, all F1 races, practices and qualifying sessions from 2015 to 2019.
Channel Ten will simulcast 10 out of the 20 races per season from 2015 to 2019, including the Australian Formula One Grand Prix. For all races that it broadcasts, Channel Ten will air the practice and qualifying sessions, as well as stream the events via its Tenplay website.
The free-to-air station has yet to indicate which races it will broadcast this year, aside from the Australian fixture that kicks off the 2015 season from March 13 to 15. For races that aren't shown on Network Ten, a one hour highlights show will be screened on One at 9.30pm on the Monday following the event.
Last year, Ten and Fox Sports struck a similar deal with V8 Supercars, where Ten will simulcast six events — the Clipsal 500 in Adelaide, Townsville 500, Sandown 500, Bathurst 1000, Gold Coast 600 and Sydney 500 — with the remainder screened live and exclusive on Fox Sports.
This V8 Supercars broadcasting arrangement will run from 2015 to 2020.