More races, years for Fox in NASCAR TV deal

CHARLOTTE, N.C. — NASCAR completed its $8.2 billion television package Thursday by adding two years to its deal with Fox Sports and setting a schedule that gives the network the first 16 Sprint Cup races beginning in 2015.

Fox Sports signed a deal last year for the first 13 Cup races beginning with the 2015 season, and the latest deal gives the network three more Cup races to go with the first 14 Nationwide series races. Fox Sports also extended the contract it had signed last year by two years, so the deal now runs through 2024 and is the same length as the deal NBC Sports signed last week.

"Fox Sports has been an outstanding partner for NASCAR, and we could not be more pleased with the additional commitment they are making to our sport and the fans," NASCAR chairman Brian France said. "Fox Sports has delivered for our fans a number of innovations that have changed how our sport is presented, and our entire industry has now come to expect excellence from NASCAR on Fox."

NBC Sports paid $4.4 billion for its rights, which begin in 2015, and the Fox Sports deal is now worth $3.8 billion with Thursday's additions. It puts NASCAR at $820 million a year for the length of the 10-year contracts.

Fox Sports will air nine Cup races on its network. The other seven will air on the new Fox Sports 1 cable channel, the all-sports network that debuts Aug. 17.

NBC Sports said last week that seven of its 20 races would air on NBC. Coupled with Fox's broadcast races, NASCAR in 2015 will have 16 total races on a network broadcast, the same number as this year.

The first 14 Nationwide races and the entire trucks series schedule will air on Fox Sports 1. The trucks race at Michigan International Speedway on Aug. 17 will be the network's first live event, and NASCAR will be an anchor property for Fox Sports 1.

"Fox Sports is now the exclusive home of NASCAR, the most popular racing series in America, for the first five months of every season through 2024," Fox Sports co-presidents and chief operating officers Randy Freer and Eric Shanks said in a statement.

Fox Sports began broadcasting live NASCAR races in 2001 and had the Nationwide series as part of that package.

More races, years for Fox in NASCAR TV deal 08/01/13 [Last modified: Thursday, August 1, 2013 8:54pm]

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