F1 Business Weekly: Haas Bank Sponsor, Billion-Dollar Revenue and Free Apple Las Vegas Coverage

This is the second edition of Roundtable's F1 Business Weekly, where we round up the most important business-related Formula 1 news from the past week. We'll look at partnerships and sponsorships between commercial brands and F1 teams, revenues, drivers' business investments, and many more.

You can read the first edition of F1 Business Weekly here.

TGR Haas F1 Team has signed Bradesco as the team's official banking partner. Bradesco is one of the largest private-sector financial institutions in Brazil. It offers banking solutions for retail, corporate, and investment, along with asset management, credit card processing, insurance, and pension plans.

Bradesco has been known to support Brazilian racing driver Rafael Camara, who will make his first full Formula 1 season with Haas in 2027. Camara recently participated in the 2026 Sao Paulo Grand Prix as a replacement for Esteban Ocon.

The partnership with Haas marks Bradesco's first foray into F1. 

Liberty Media showed Formula 1 generating $1.115-billion in revenue for the third quarter of 2026. It is the first time that a single quarter has topped $1 billion, and is a 28% increase from the $869 million recorded during the same period last year. 

Liberty Media completed its acquisition of F1 in 2017, and has since owned the commercial rights to the sport through its subsidiary, the Formula One Group. The company also owns an 84% stake in MotoGP.

Here's some very good news for US-based F1 fans: Apple TV will stream the 2026 Las Vegas Grand Prix for free. Viewers must have an account with the app, but they don't have to pay for a subscription. The Las Vegas GP weekend is scheduled for November 20-22.

Apple began its five-year exclusive US broadcasting partnership with F1 this year. F1 CEO Stefano Domenicali said that Apple could also become the sport's broadcast partner in other countries.

Mark and Ana Webber have managed McLaren's Oscar Piastri since 2019, but that has changed. In a joint announcement, Piastri has decided to end his professional relationship with the Webbers and will be looking for a new management structure. It's a mutual decision between the two parties.

Mark, a former F1 driver, has guided Piastri through his racing journey. Both are Australians, making it easier for them to forge a close professional relationship.  

There's still no confirmed news about the McLaren driver's new management structure. For now, Piastri will be focused on turning around a difficult season in the remaining three races.

In the midst of a successful hosting of the 2026 Sao Paulo Grand Prix, Formula 1 announced a five-year extension that keeps the sport at Interlagos through 2035. The Sao Paulo GP's current contract only runs through 2030, but the numbers indicate that F1 is constantly growing in Brazil.

The economic impact of the 2026 event is estimated at $418 million. Moreover, the F1 fan base here is estimated at around 75.8 million.