Home » Sport » Title: Apple Set to Secure US F1 Rights Amidst ESPN Exit

Title: Apple Set to Secure US F1 Rights Amidst ESPN Exit

by Alex Carter - Sports Editor

Apple Expected to Announce US formula ‌1 Rights Deal During United States⁢ Grand Prix

Austin, Texas⁤ – Apple is poised‌ to⁤ confirm a significant agreement‍ for exclusive United States broadcast rights to Formula 1 during‍ this weekend’s ‍United⁢ States Grand Prix, according ‍to sources. ⁢The deal, anticipated to begin with the 2026 season, would see races streamed on Apple ‍TV+,‌ further expanding the tech giant’s foray into live sports broadcasting.

This potential partnership arrives​ at ⁣a pivotal moment for⁢ F1 in the American market. Fueled by the popular⁢ Drive to Survive docuseries and strategic investment by Liberty Media, viewership ‍has surged,⁤ averaging 1.4 million per race across ESPN and ABC. ‍With three ⁣US-based races​ now on the calendar – Austin, Miami, and Las Vegas -⁣ and growing fan engagement, securing a long-term broadcast partner ‍like Apple is crucial for sustaining this momentum. The agreement is ⁢expected to mirror the scale of ‍Apple’s existing $2.5 billion, 10-year deal with Major ‌League Soccer and its ⁢ Friday Night Baseball package, solidifying‍ Apple’s position ‍within the ⁣American sports landscape.

The‍ move would represent​ a major win for⁤ Apple, building on‍ its success‍ in live sports⁣ streaming. F1’s increasing popularity, especially⁤ within the US, makes it an attractive​ property. The future of F1 TV, the series’ existing streaming ‍service,⁤ remains unclear pending the official proclamation.

Details of the financial ⁣terms ‌have not been ⁢disclosed, but ​industry analysts predict a substantial investment from Apple, reflecting​ the growing⁤ value‍ of F1’s broadcast rights.An official announcement is expected⁣ before the conclusion of ⁣the United States Grand Prix weekend.

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