NEW YORK, Oct. 19, 2017 /PRNewswire/ -- SiriusXM and
Formula 1 have entered into a multi-year agreement that makes
SiriusXM the exclusive North American radio broadcaster of all
Formula 1® (F1®) races, starting with this weekend's United States
Grand Prix.
SiriusXM's coverage of the 2017 Formula 1 United States Grand
Prix in Austin, TX will air live
this Sunday, October 22 (3:00 pm ET/2:00 pm
CT), exclusively on Sirius channel 132, XM channel 203 and
channel 963 on the SiriusXM app. The channels will also carry
qualifying on Saturday, October
21 (5:00 pm ET/4:00 pm CT). Listeners will hear the BBC 5
Live radio broadcast for each race.
The four remaining 2017 Formula 1® races will all air on
SiriusXM, including the season-finale 2017 Formula 1 Etihad Abu
Dhabi Grand Prix on November 26. Starting with the 2018
Formula 1 season and beyond SiriusXM will air every Grand Prix race
on the calendar.
"Formula 1 races are sensational, world-class events, which
showcase the most advanced automotive technology in the hands of
exceptional drivers competing on very challenging circuits," said
Scott Greenstein, SiriusXM's
President and Chief Content Officer. "We are very excited to
deliver the excitement of these races to SiriusXM listeners across
the country. As Formula 1 makes its way around the globe, we
will bring its fans in North
America to each international venue and enable them to
follow the action live."
"We are delighted to have Formula 1 back on SiriusXM," said
Sean Bratches, Managing Director,
Commercial Operations at Formula 1. "Their ability to offer
live coverage of all races throughout the Championship to their
numerous fans and listeners provides tremendous additional exposure
for F1 in the North American market."
The FIA Formula One World Championship is the highest end of
open wheeled motor racing. The season runs from March through
November and this year consists of 20 Grand Prix races run on road
course tracks, as well as some closed city streets circuits.
The results of each race are combined to determine two titles, one
for drivers and one for constructors (teams).
Mercedes driver Lewis Hamilton of
Great Britain is the top points
holder this season (306), ahead of Ferrari driver Sebastian Vettel of Germany (247) and Mercedes driver Valtteri Bottas of Finland (234). Mercedes, the reigning
constructor's champion, holds the 2017 team points lead.
Formula 1® complements an extensive auto racing lineup on
SiriusXM that includes every NASCAR race and every Indy Car Series
race, and also expands the amount of European sports programming
available to SiriusXM listeners, which already features English
Premier League and Champions League soccer.
For more information visit www.SiriusXM.com.
About Formula 1®
Formula 1® racing
began in 1950 and is the world's most prestigious motor racing
competition, as well as the world's most popular annual sporting
series. In 2016 it was watched by 400 million unique television
viewers from over 200 territories. The 2017 FIA Formula One World
Championship™ runs from March to November and spans 20 races in 20
countries across five continents. Formula One World Championship
Limited is part of Formula 1, and holds the exclusive commercial
rights to the FIA Formula One World Championship™.
Formula 1 is a subsidiary of Liberty Media Corporation (NASDAQ:
LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) attributed to the
Formula One Group tracking stock.
The F1 FORMULA 1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD
CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of
Formula One Licensing BV, a Formula 1 company. All rights
reserved.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI)
is the world's largest radio company measured by revenue and has
more than 32 million subscribers. SiriusXM creates and offers
commercial-free music; premier sports talk and live events; comedy;
news; exclusive talk and entertainment, and a wide-range of Latin
music, sports and talk programming. SiriusXM is available in
vehicles from every major car company and on smartphones and other
connected devices as well as online at siriusxm.com. SiriusXM
radios and accessories are available from retailers nationwide and
online at SiriusXM. SiriusXM also provides premium traffic,
weather, data and information services for subscribers through
SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™.
SiriusXM delivers weather, data and information services to
aircraft and boats through SiriusXM Aviation™ and SiriusXM Marine™.
In addition, SiriusXM Music for Business provides commercial-free
music to a variety of businesses. SiriusXM holds a minority
interest in SiriusXM Canada which has approximately 2.8 million
subscribers. SiriusXM is also a leading provider of connected
vehicles services, giving customers access to a suite of safety,
security, and convenience services including automatic crash
notification, stolen vehicle recovery assistance, enhanced roadside
assistance and turn-by-turn navigation.
To download SiriusXM logos and artwork, visit
http://www.siriusxm.com/LogosAndPhotos.
This communication contains "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such statements include, but are not limited to,
statements about future financial and operating results, our plans,
objectives, expectations and intentions with respect to future
operations, products and services; and other statements identified
by words such as "will likely result," "are expected to," "will
continue," "is anticipated," "estimated," "believe," "intend,"
"plan," "projection," "outlook" or words of similar meaning. Such
forward-looking statements are based upon the current beliefs and
expectations of our management and are inherently subject to
significant business, economic and competitive uncertainties and
contingencies, many of which are difficult to predict and generally
beyond our control. Actual results and the timing of events may
differ materially from the results anticipated in these
forward-looking statements.
The following factors, among others, could cause actual
results and the timing of events to differ materially from the
anticipated results or other expectations expressed in the
forward-looking statements: our substantial competition, which is
likely to increase over time; our ability to attract and retain
subscribers, which is uncertain; interference to our service from
wireless operations; consumer protection laws and their
enforcement; unfavorable outcomes of pending or future litigation;
the market for music rights, which is changing and subject to
uncertainties; our dependence upon the auto industry; general
economic conditions; the security of the personal information about
our customers; existing or future government laws and regulations
could harm our business; failure of our satellites would
significantly damage our business; the interruption or failure of
our information technology and communications systems; our failure
to realize benefits of acquisitions or other strategic initiatives;
rapid technological and industry changes; failure of third parties
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Additional factors that could cause our results to differ
materially from those described in the forward-looking statements
can be found in our Annual Report on Form 10-K for the year ended
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herein speaks only as of the date hereof, and we disclaim any
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a result of developments occurring after the date of this
communication.
Source: SiriusXM
Media contacts:
Andrew
FitzPatrick
SiriusXM
212-901-6693
Andrew.FitzPatrick@SiriusXM.com
F1 media contact:
Norman
Howell, Director of Communications, Formula 1
E: nhowell@fomltd.com
M: +44 (0)7920 181 929
Formula 1 Press Office
E: f1media@f1.com
Edelman Press Office
E: Formula1@edelman.com
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SOURCE Sirius XM Holdings Inc.