A system allowing trackside spectators and on-site reporters to access video, audio and data with a bespoke handheld device will not be available at grands prix in 2013.
Fanvision, originally launched as Kangaroo TV some years ago, announced on Thursday it has been unable to reach a new agreement with FOM (Formula One Management), headed by F1 chief executive Bernie Ecclestone.
"Unfortunately it is clear that we are not going to be able to agree terms with FOM and very reluctantly we have to confirm that we won’t be in F1 in 2013," a statement released by Fanvision said.
"It’s a big blow for us."