Formula 1 has acquired a stake in an external company for the first time by partnering with international sports entertainment company PlayON to launch an official daily fantasy game.PlayON will enter the U.S. market this year following the F1 partnership, which sees it operate the new official daily fantasy Formula...

NASCAR is fast challenging traditional stick-and-ball sports in popularity among fantasy leaguers, thanks to the fun and lucrative challenge offered by DraftKings – the "Official Daily Fantasy Sports Partner" of NASCAR.The current "Pedal to the Metal" contest features a $250,000 prize pool. First place wins $100,000!In each game, participants are...