Sohu.com (Nasdaq: SOHU), China's online media, communications, commerce and mobile value-added services company, and Formula One Administration, have signed a long-term agreement.

Under the terms of the agreement, Sohu will exclusively host and manage the Official Formula 1 website in Chinese, introducing Chinese motor racing fans to the world of Formula One in their own language and offering new business opportunities to Formula One associated companies in this promising market.

The new website (china.formula1.com) will include daily news, official live timing with race commentary, extensive photographic galleries featuring exclusive still TV images, specially-commissioned interviews and features, an interactive results archive, in-depth technical analysis, general information on the rules and history of Formula One and full profiles on all the competing teams and drivers including all previous world champions. The presentation of the new website will follow the style of the organization's English language site.