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Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success: FT reports
Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success: FT reports

Time of India

time10-07-2025

  • Business
  • Time of India

Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success: FT reports

Apple is in talks to acquire U.S. broadcast rights to screen Formula 1 racing when the contract becomes available next year, the Financial Times reported on Wednesday, citing people familiar with the matter. The report follows the strong performance of Apple's high-octane Brad Pitt-starrer " F1: The Movie ", which has grossed more than $300 million in worldwide box office collection as of Wednesday, according to IMDb's Box Office Mojo. Currently, Walt Disney's ESPN holds the exclusive U.S. broadcast rights for F1 through the 2025 season. However, ESPN's exclusivity period to negotiate a new contract with F1 expired, sources told Reuters in February, opening the door for new bidders. Apple and F1 did not immediately respond to Reuters' requests for comment. Apple is aiming to capitalize on the sport's growing popularity in the U.S. which was also driven by the success of Netflix's hit docu-series "Formula 1: Drive to Survive" that provided an engaging behind-the-scenes look at the sport. Netflix is also among the contenders for the F1 U.S. broadcasting rights from the 2026 season, according to media reports in February. Apple TV+, known for original shows such as "Ted Lasso", "The Morning Show", "Shrinking" and "Severance", has been trailing behind competitors like Netflix, Disney+, and Amazon Prime Video in subscriber numbers, and acquiring F1 rights could help boost its sports content offering. Streaming platforms are investing heavily in exclusive rights to dominate the lucrative live sports market to drive subscriber growth and increase ad dollars in an increasingly competitive landscape. Netflix paid more than $5 billion to be the exclusive home of World Wrestling Entertainment's "Raw" in several territories from January this year.

Apple bids for Formula 1 rights in US: Financial Times
Apple bids for Formula 1 rights in US: Financial Times

Time of India

time09-07-2025

  • Automotive
  • Time of India

Apple bids for Formula 1 rights in US: Financial Times

Apple 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.

Apple eyes US Formula 1 broadcast rights after ‘F1: The Movie' success: report
Apple eyes US Formula 1 broadcast rights after ‘F1: The Movie' success: report

Business Times

time09-07-2025

  • Automotive
  • Business Times

Apple eyes US Formula 1 broadcast rights after ‘F1: The Movie' success: report

[BENGALURU] Apple is in talks to acquire the US broadcast rights to screen Formula 1 when the contract becomes available next year, the Financial Times (FT) reported on Wednesday (Jul 9), 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 US$293 million in its first 10 days, according to Variety and other outlets. The iPhone maker is challenging current US 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 capitalise on. Several media outlets reported in February that Netflix is among the contenders for Formula 1's US 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. REUTERS

Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success, FT reports
Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success, FT reports

Straits Times

time09-07-2025

  • Automotive
  • Straits Times

Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success, FT reports

Sign up now: Get ST's newsletters delivered to your inbox An Apple logo is seen at the entrance of an Apple Store in downtown Brussels, Belgium March 10, 2016. REUTERS/Yves Herman/File Photo Apple 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. REUTERS

Abu Dhabi to host regional premiere of Brad Pitt's 'F1 The Movie'
Abu Dhabi to host regional premiere of Brad Pitt's 'F1 The Movie'

Dubai Eye

time20-05-2025

  • Entertainment
  • Dubai Eye

Abu Dhabi to host regional premiere of Brad Pitt's 'F1 The Movie'

The highly anticipated Brad Pitt-starrer 'F1 The Movie' from Apple Original Films is set to premiere in Abu Dhabi on June 25, with the cast and crew marking a "full circle" moment by returning to the capital where key scenes were filmed. Directed by Joseph Kosinski (Top Gun: Maverick), F1 The Moive follows the fictional tale of former driver Sonny Hayes, once dubbed 'the greatest that never was,' Formula1's most promising phenom of the 1990s until an accident on the track nearly ended his career. Produced by Jerry Bruckheimer, it was shot at the Abu Dhabi Grand Prix in December 2024, with a total of 29 production days across locations including Yas Marina Circuit, Zayed International Airport, and twofour54 Studios. The project engaged 284 local crew members and 15 interns, contributing to the local creative economy, and also benefitted from the Abu Dhabi Film Commission's rebate scheme. "Hosting the regional premiere as part of the global tour is a fitting way to celebrate our collaboration with Apple Original Films," highlighted Mohamed Dobay, Acting Director General of the Creative Media Authority. 'Not only in terms of duration, but also in economic impact, F1 The Movie has significantly contributed to Abu Dhabi's creative ecosystem." F1 The Movie is one of over 180 major productions supported by the Abu Dhabi Film Commission since the introduction of its rebate programme in 2013. The premiere will take place a day before the movie's official Middle East release.

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