Apple is going all-in on Formula 1. Weeks after the ‘F1’ movie became the company’s biggest box office smash, the Silicon Valley giant has reportedly submitted a blockbuster bid for the U.S. media rights to stream Formula 1 races starting in 2026.
A source familiar with the matter told Business Insider that Apple has submitted a bid worth at least $150 million a year for the exclusive rights. The insider also suggested that current rights holder ESPN, owned by Disney, is unlikely to match that figure, though negotiations are still ongoing.
