Formula One to Extend F1 TV in U.S. with Apple Deal

Reports suggest that Formula One may be moving its U.S. media rights from ESPN to Apple TV+ after this season. Apple is believed to have offered $150 million per year for the rights, significantly more than ESPN’s current $85-90 million per year deal. This makes Apple the top contender for securing Formula One coverage starting next season.

Despite this potential change, Formula One Management is looking to keep the F1 TV streaming service available in the U.S. This service, launched in 2018, has been popular among fans as a way to watch live races without a traditional pay TV subscription. The standard plan for F1 TV is currently priced at $84.99 per year, offering fans a direct-to-consumer option to enjoy Formula One races.

Fans have been wondering whether F1 TV will remain accessible in the U.S. under the new deal with Apple. If so, Apple and F1 TV might compete with each other for viewers. It’s interesting to note that Apple’s deal with MLS gives them exclusive control over broadcasts, which raises questions about their strategy with Formula One rights.

Overall, this development may be good news for U.S. Formula One fans, providing another option for watching races. While it’s unlikely that Apple and Formula One will arrange simulcasts on linear TV, fans can expect continued access to Formula One content through various platforms.