Formula 1 names FanDuel Official Betting Operator

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The premier mobile gaming company in the United States, FanDuel Group, announced a groundbreaking agreement with Formula 1.

F1 fans can tap into betting odds from FanDuel

Under the terms of the new alliance, FanDuel was designated as an Official Betting Operator of Formula 1. The new partnership represents a major accomplishment for the leading betting and gaming company, as it is the first time Formula 1 teams up with a betting operator in the U.S. Thanks to the new agreement, FanDuel will bring fans of the iconic sport closer to the action and betting entertainment by providing odds and thrilling content. Per the deal, FanDuel will supply odds from its market-leading sportsbook, which will be integrated into Formula 1’s Betting Guide and betting editorial content within the Formula 1 website and app. Ultimately, the landmark collaboration will bring fans closer to the action while delivering unique real-time insights for each race weekend. At the same time, Formula 1 and FanDuel vowed to collaborate for the development of responsible gambling content specifically tailored for fans of the famous sport. Besides a range of betting options, FanDuel confirmed that later this year, F1 fans can expect new ways to wager on the Formula 1 season.

The deal marks an exciting step for FanDuel

We're delighted to welcome FanDuel as our new Official Betting Operator in the United States and Canada - markets that continue to increase their love and engagement with Formula 1, he said. Moreover, Haworth pointed out: As sports betting becomes an increasing component with how fans, especially in the US, interact with sport, it's vital we have a strong and well-placed partner to deliver our strategy and fuel our momentum across the market. Finally, the executive highlighted that F1 has tens of millions of fans across the U.S. Karol Corcoran, FanDuel Sportsbook’s Managing Director, was equally delighted. Being named an Official Betting Operator of Formula 1 marks an exciting step forward as we enhance our sportsbook product to deliver more interactive experiences for fans, he revealed. Corcoran added that Formula 1 delivers a lot of real-time data, which can be easily converted into engaging betting opportunities by FanDuel’s platform. This partnership will allow us to deliver even more immersive, data-driven experiences throughout the race weekend, the executive said in conclusion.