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Apple Emerges as Frontrunner for U.S. Formula 1 Streaming Rights

ESPN’s decision not to renew paved the way for Apple’s minimum $150 million annual offer now under negotiation with Liberty Media

3BK10WB New York, New York, USA. 16 June 2025. Tim Cook attends the ?F1 The Movie? premiere in Times Square in New York. Credit: Greg Allen/Alamy Live News.
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Overview

  • The $150 million-per-year bid puts Apple atop the auction for exclusive U.S. F1 streaming rights beginning in 2026
  • Disney’s ESPN, which has held the rights since 2018, declined to match Apple’s offer and will exit after the current contract expires
  • Liberty Media is seeking between $150 million and $180 million annually, underscoring the sport’s surging U.S. market value
  • U.S. viewership has more than doubled since Netflix’s Drive to Survive premiered in 2019, with average race audiences reaching about 1.3 million
  • Securing F1 would mark Apple’s third major live-sports streaming deal following its existing MLB and MLS agreements