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 **Report: Apple considers huge bid for global Formula 1 streaming rights**

https://9to5mac.com/wp-content/uploads/sites/6/2023/09/tim-cook-formula-1.jpg.webp?w=1500

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)

Comments: https://9to5mac.com/2023/09/30/apple-formula-1-tv-sports-deal/#comments

https://9to5mac.com/2023/09/30/apple-formula-1-tv-sports-deal/