P1racenews AI automatic summary:
Netflix is expected to enter talks with Formula 1 over potentially securing its United States broadcast rights, with an exclusivity period ESPN had in place to renew its deal having now expired
Netflix is expected to enter talks with Formula 1 for securing its US broadcast rights, as ESPN’s exclusivity period has expired. Discussions between ESPN and F1 for extending their deal into the next era from 2026 started last year but no contract has been finalized yet. The lapsed exclusivity clause now allows F1 to speak with other broadcasters for a US deal. Netflix, with its expanding live sports offerings and ties to F1 through Drive to Survive, is a leading candidate to bid for the rights. Despite success in live sports broadcast, F1’s regional rights selling policy may limit global streaming companies like Netflix, Amazon, and Apple. In the UK, Sky Sports holds exclusive F1 rights until 2029, indicating potential non-overlapping deals if Netflix secures US rights.
