**Report: Apple considers huge bid for global Formula 1 streaming rights**
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According to a report in the latest issue of the _Business F1_ magazine (https://businessf1magazine.com), Apple is eyeing Formula 1 as its next big sports investment. The company is reportedly considering an offer worth about $2 billion per year, which would eventually make Apple the exclusive streaming rights holder of Formula 1 racing.
The value of the Apple deal would be about double what the Formula 1 league currently gets from its global TV rights. The magazine says that Apple’s interest in clinching Formula 1 has increased following the success of MLS Season Pass (https://tinyurl.com/mlsappletv). An Apple F1 pass would likely live alongside MLS and Apple TV+ (https://tinyurl.com/getappletvplus) in the Apple TV app, as a standalone subscription.
more… (https://9to5mac.com/2023/09/30/apple-formula-1-tv-sports-deal/#more-911499)
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