Apple TV+ Mulling $2 Billion Streaming Rights Deal For F1 Auto Racing

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Apple TV+ Mulling $2 Billion Streaming Rights Deal For F1 Auto Racing
admin 2023/10/03 02:36
Apple is reportedly eyeing exclusive rights to Formula One (F1) auto racing for its Apple TV+ subscription streaming video platform.
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The $2 billion deal with Liberty Media which owns Formula One Group — twice the price of F1’s current media distribution agreement — would run for seven years and be implemented gradually as existing media distribution deals expire. ESPN currently holds F1 rights in the U.S. through 2025.

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