
Apple Inc. (NASDAQ:AAPL) may be investing heavily in the Formula 1 racing league following the recent box office success of the "F1" movie, which stars and was produced by Brad Pitt.
What Happened: Tech giant Apple has been rumored to be looking at the media rights for the Formula 1 racing league, which is owned by Liberty Formula One (NASDAQ:FWONA) (NASDAQ:FWONK), before, but this time it may be more serious.