NASCAR reaches new deal with FOX Sports

NASCAR and FOX Sports have announced a new eight-year agreement, a deal that will keep the Sprint Cup series' signature event, the Daytona 500, on the network through 2022.

Terms of the new deal, which takes effect in 2015, were not disclosed.

FOX has televised the Daytona 500 each of the last six years and nine of the last 12. The network will continue to broadcast the first 13 Sprint Cup events of each season, starting with Daytona.

"NASCAR has been in very good hands and has enjoyed tremendous success the last 12 years in large part because of our fantastic partnership with FOX and FOX Sports Media Group," said NASCAR chairman and CEO Brian France. "We are thrilled to be able to extend our relationship in such a significant way for our track partners, race teams, and most importantly, our millions of loyal and passionate fans. This extension with FOX Sports Media Group helps position the sport for future growth as NASCAR continues to be an anchor with one of the world's largest and most influential media companies."

FOX Sports will also continue to broadcast the Sprint All-Star race, Daytona 500 qualifying and the Daytona Shootout. It will also have rights to the full Camping World Truck Series.

The new deal also allows live digital streaming of all FOX Sports races, starting next year.

"We're extremely happy to have worked closely with Brian and his team at NASCAR over the last few months to expand and extend our relationship for what is without question the most popular motorsport in the country," said Eric Shanks and Randy Freer, FOX Sports co-presidents and CEOs. "NASCAR has been a staple at FOX for more than a decade, and we consider it one of the signature sports we cover. With our commitment renewed, we look forward to presenting NASCAR thoroughly, professionally and creatively for many years to come."

The current agreement between FOX and NASCAR, which began in 2006, was set to expire after the 2014 season.