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flag Apple nears $140M/year deal for exclusive U.S. Formula 1 streaming rights starting 2026.

flag Apple is nearing a deal to secure exclusive U.S. streaming rights to Formula 1 races starting in 2026, reportedly offering around $140 million annually—up from ESPN’s $90 million—according to multiple sources. flag The agreement, expected to be announced ahead of the Austin Grand Prix, would mark Apple’s most significant sports rights acquisition since its MLS deal. flag Key negotiations center on the future of Formula 1’s U.S. streaming service, F1 TV, which Apple reportedly wants shut down to avoid competition, though a resolution remains unclear. flag The move continues Apple’s strategy of expanding its live sports content through exclusive rights.

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