Overview
- Apple and Formula 1 are reportedly finalizing a multi‑year U.S. streaming agreement worth about $140 million annually, with a reveal eyed in roughly two weeks.
- The potential pact would mark a large jump from the approximately $90 million per year ESPN currently pays for U.S. rights through the 2025 season.
- A key unresolved issue is Apple's push for U.S. streaming exclusivity, which could require suspending F1 TV in the market, according to reporting by John Ourand of Puck.
- 9to5Mac and iClarified report that terms remain unconfirmed, including the outcome on F1 TV, after earlier bids were said to have reached at least $150 million.
- If completed, the package would be Apple's biggest sports rights move since its 10‑year MLS deal and would join its existing MLB Friday Night Baseball offering.