Apple bids for Formula 1 rights in US: Financial Times
is in talks to acquire the U.S. broadcast rights to screen
Formula 1
when the contract becomes available next year, the Financial Times reported on Wednesday, following the success of Brad Pitt-starrer "F1: The Movie".
The report follows the strong box office performance of Apple's high-octane racing film "F1: The Movie", which has grossed $293 million in its first 10 days, according to Variety and other outlets.
The iPhone maker is challenging current U.S. broadcaster ESPN, owned by Disney, for the
Formula 1 rights
next year, the FT report said, citing sources familiar with the matter.
Reuters could not immediately confirm the report.
Netflix's "Formula 1: Drive to Survive" series helped boost the sport's popularity in the United States, a momentum Apple now hopes to capitalize on.
Several media outlets reported in February that Netflix is among the contenders for Formula 1's U.S. broadcasting rights from the 2026 season as ESPN's exclusivity period to negotiate a new contract with F1 expired.
Apple and F1 did not immediately respond to Reuters request for a comment.
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