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Liberty Media have struck one of the biggest sponsorship deals in F1 history that will see sports betting companies allowed to sponsor F1 events. Sponsors will be permitted to have their brands shown “trackside”, such as through electronic billboards and on-screen graphics during televised races
https://www.bbc.co.uk/sport/formula1/45558975
https://www.ft.com/content/25f26274-ba71-11e8-8274-55b72926558f (subscription)
Former F1 owner Bernie Ecclestone never engaged with betting companies as he believed that it would tarnish the 'glamorous' image of the sport, but perhaps more significantly, earlier this year the US Supreme Court struck down a ban on sports betting in the US, paving the way for companies in the US to cash in on what is a pretty lucrative market.
https://www.bbc.co.uk/sport/formula1/45558975
https://www.ft.com/content/25f26274-ba71-11e8-8274-55b72926558f (subscription)
Former F1 owner Bernie Ecclestone never engaged with betting companies as he believed that it would tarnish the 'glamorous' image of the sport, but perhaps more significantly, earlier this year the US Supreme Court struck down a ban on sports betting in the US, paving the way for companies in the US to cash in on what is a pretty lucrative market.