According to the broadcaster, there was no consensus on the termination and the broadcaster opted to comply with the contract
Band announced, this Monday (21), that it will continue broadcasting Formula 1 throughout the 2025 season, as per the current contract.
The confirmation comes after speculation in the market that Liberty Media, owner of the broadcasting rights for the races, could terminate the contract with Band, as it would be facing difficulties in covering the agreed costs, and opening the possibility of Globo entering the dispute.
According to a statement from Band, there were conversations with Liberty Media and they did not reach a consensus regarding the termination and, therefore, the broadcaster opted to comply with the contract.