{"id":196268,"date":"2025-10-08T01:06:09","date_gmt":"2025-10-08T01:06:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/196268\/"},"modified":"2025-10-08T01:06:09","modified_gmt":"2025-10-08T01:06:09","slug":"apple-close-to-inking-deal-for-formula-1-rights-in-america","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/196268\/","title":{"rendered":"Apple close to inking deal for Formula 1 rights in America"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/macdailynews.com\/wp-content\/uploads\/2024\/08\/240825_brushed_logo.png?ssl=1\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/10\/240825_brushed_logo.png\" alt=\"Apple logo\" width=\"640\" height=\"343\" class=\"alignnone size-full wp-image-276287\"  \/><\/a><\/p>\n<p>Apple is on the verge of securing a groundbreaking deal to acquire Formula 1 broadcasting rights in the United States, potentially reshaping how American fans experience the sport.<\/p>\n<p><a href=\"https:\/\/puck.news\/newsletter_content\/the-nfls-18th-game-workaround-the-espn-bull-case-college-sports-holy-wars\/\" rel=\"nofollow noopener\" target=\"_blank\">John Ourand for Puck\u2019s \u201cThe Varsity\u201d<\/a>:<br \/>\u200e<\/p>\n<p>\nApple\u2019s F1 deal has been in the works since the summer, and I\u2019m hearing the two companies are hoping to make a formal announcement about the deal in two weeks, during the U.S. Grand Prix in Austin. The number I keep hearing is $140 million per year for U.S. rights, a significant bump from the $90 million per year that ESPN currently pays.<\/p>\n<p>The main holdup had been a dispute around Formula 1\u2019s streaming service. Apple stuck to its original position that the racing circuit needed to shut down F1 TV in the U.S., and was reluctant to dole out $140 million on rights fees just to have the races carried on another streaming service. Because F1 TV is profitable in the U.S. market, Formula 1 has been hesitant to pull the plug. It\u2019s not entirely clear where the two sides netted out on this, but it\u2019s an area to watch when the deal finally gets announced.<\/p>\n<p>Meanwhile, this will be Apple\u2019s most significant sports rights deal since it signed a 10-year, $2.5 billion deal with the MLS three years ago.\n<\/p>\n<p>\u200e<br \/>MacDailyNews Take: Live sports is where it\u2019s at for added streaming service differentiation. This deal will also be nice U.S. support for the \u201cF1: The Movie\u201d sequel(s).<\/p>\n<p>\u200e<br \/>Please help support MacDailyNews \u2014 and enjoy subscriber-only articles, comments, chat, and more \u2014 by subscribing to our Substack: <a href=\"https:\/\/macdailynews.substack.com\" rel=\"nofollow noopener\" target=\"_blank\">macdailynews.substack.com<\/a>. Thank you!<\/p>\n<p>Support MacDailyNews at no extra cost to you by <a href=\"https:\/\/amzn.to\/4bU0sHZ\" rel=\"nofollow noopener\" target=\"_blank\">using this link to shop at Amazon<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Apple is on the verge of securing a groundbreaking deal to acquire Formula 1 broadcasting rights in the&hellip;\n","protected":false},"author":2,"featured_media":196269,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[441],"tags":[1572,371,49,48,578,576,577,82],"class_list":{"0":"post-196268","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-formula-1","8":"tag-apple","9":"tag-apple-tv-plus","10":"tag-ca","11":"tag-canada","12":"tag-f1","13":"tag-formula-1","14":"tag-formula1","15":"tag-sports"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/196268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=196268"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/196268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/196269"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=196268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=196268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=196268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}