Exclusive: beIN Sports to broadcast 2014 Formula 1 season according to reports

beIN Sports is set to broadcast the full FIA Formula 1 World Championship in the Middle East and North Africa region in 2014, our sources can reveal.

Reports claim that the global network of sports channels, owned and operated by Al Jazeera Media Network, will be signing its contract on the Wednesday of next week. However, details of the contract remain undisclosed.

Abu Dhabi Media Company had been the exclusive Formula 1 broadcaster in the region for the past four years and now will see its rights transferred to the Qatari-owned network.