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Apple, Formula 1 Near U.S. Streaming Rights Deal, Eye Austin Announcement

Reports point to an annual fee near $140–$150 million, with U.S. exclusivity hinging on the future of F1.TV.

Overview

  • Multiple outlets cite Puck’s John Ourand saying a formal announcement could come at the U.S. Grand Prix on Oct. 17–19.
  • Negotiations reportedly stalled over whether F1 would shut down its profitable F1.TV service in the United States to grant Apple exclusivity.
  • The prospective package would begin with the 2026 season, as ESPN’s current U.S. rights deal runs through 2025.
  • Reported figures place Apple’s offer around $140 million per year, significantly higher than ESPN’s roughly $90 million.
  • Apple is expected to carry races through the Apple TV app, adding F1 alongside MLS Season Pass and its Friday Night Baseball coverage.