Python: Replace with regex
Solution 1:
Instead of capturing the part you want to replace you can capture the parts you want to keep and then refer to them using a reference \1
to include them in the substituted string.
Try this instead:
output = re.sub(r'(<textarea.*>).*(</textarea>)', r'\1Bar\2', s)
Also, assuming this is HTML you should consider using an HTML parser for this task, for example Beautiful Soup.
Solution 2:
Or you could just use the search function instead:
match=re.search(r'(<textarea.*>).*(</textarea>)', s)
output = match.group(1)+'bar'+match.group(2)
print output
>>>'<textarea id="Foo">bar</textarea>'