P1racenews AI automatic summary:
Apple has shown interest in picking up F1’s US broadcast rights hot on the heels of Brad Pitt-starrer F1: The Movie’s success.
Apple has expressed interest in acquiring the US broadcast rights for Formula 1, following the success of “F1: The Movie” starring Brad Pitt.
The movie’s global earnings of $311 million have sparked Apple’s desire to venture into the world of motorsport broadcasting.
ESPN currently holds the rights, which expire after the 2025 season, but reports suggest that the network has not activated an exclusivity clause, opening the door for bids from companies like Apple.
In addition to MLB and MLS, Apple is now eyeing Formula 1 broadcasting rights as the sport’s popularity continues to rise.
Competitors like Netflix and Amazon Prime are also vying for these rights, with each platform offering unique content and spreading its influence across the sports industry.
Industry experts, such as Doug Perlman, believe that this shift towards streaming services could benefit all parties involved, providing broader reach and opportunities for global sport engagement.
