Apple plans to announce F1 streaming deal at upcoming US Grand Prix

Apple and Formula 1 are on the brink of finalizing a deal for streaming rights, according to reports. The announcement is expected to be made during the U.S. Grand Prix in Austin from October 17-19. The negotiations have been complicated by Apple’s desire for exclusive streaming rights and the potential closure of the F1.TV service in the United States.

F1.TV is a profitable and popular service among hardcore fans, leading to concerns about its future in the U.S. market. The discussions have been ongoing due to conflicting interests, but the details of the final agreement are still unknown. ESPN will be giving up the U.S. broadcast rights for Formula 1 after the 2025 season, with Apple likely taking over and offering F1 as part of its streaming sports packages through the Apple TV app.

Assuming the deal goes through as planned, an official announcement is expected later this month. And let’s not forget that three years ago, Tim Cook made headlines with his enthusiastic checkered flag wave at the Austin Grand Prix.