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Scoop: Production firm behind “Formula 1: Drive to Survive” and “Full Swing” looks to raise $30M

Sara Fischer Article
Thought Leader: Sara Fischer
August 1, 2023
Source: AXIOS
Written by: Sara Fischer

Box to Box Films, the U.K.-based production company behind some of Netflix’s biggest sports hits, is looking to raise roughly $30 million, sources told Axios.

Why it matters: The explosive success behind several of Box to Box Film’s shows has not only inspired more streamers to consider sports docuseries, but it’s fundamentally changed the popularity of several sports.

Details: The company, which was co-founded in 2016 by Paul Martin and James Gay-Rees, is looking to bring on a minority investor to help fuel its next stage of growth, according to sources familiar with the matter.

Be smart: The market is ripe for sports production companies, especially now that the Hollywood writers and actors strikes have put scripted programming on pause.

Even the NFL is trying to get in on the action. The league announced in 2022 it would partner with “Top Gun: Maverick” studio Skydance Media on a sports-related content venture.

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