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V8 Supercars taps advisers for $200m-plus TV deal

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Helmets on. V8 Supercars is revving its engine for a new broadcast deal.

Street Talk understands the motorsports league, which owns the famed Bathurst 1000 touring race, has tapped global sports management business IMG to help it secure a new contract that generates more than the $200 million provided under existing arrangements with Seven West Media and Foxtel.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/v8-supercars-taps-advisers-for-200m-plus-tv-deal-20241120-p5ks53