Apple is anticipated to win the rights to stream Components 1 races on Apple TV+ in the US due to a $150 million bid, Enterprise Insider studies.
The rights to broadcast Components 1 in the US are presently held by Disney’s ESPN. In response to sources conversant in the negotiations, Disney is outwardly unwilling to match or beat Apple’s provide. It pays round $85 million per 12 months for its present rights, simply over half of Apple’s newest bid.
Curiosity from different suitors, resembling Netflix, was additionally reportedly “muted,” leaving Apple has the main bidder for the U.S. rights to indicate the races. Consequently, Apple is more likely to have one other sport to stream on Apple TV+ subsequent 12 months, alongside Main League Baseball and Main League Soccer.
Apple’s transfer to realize the rights to stream Components comes amid the success of “F1: The Film,” which is Apple’s first main field workplace hit, incomes over $300 million globally already. It’s anticipated to change into out there on Apple TV+ later in 2025.
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