Apple eyes $2 billion deal for Formula 1 streaming rights

Apple TV+ is reportedly considering a deal with Formula 1 for exclusive streaming rights to the races, with an estimated cost of $2 billion per year. The proposed deal would involve a standalone subscription service for Formula 1, similar to the MLS Season Pass. Apple already has sports-related services like MLB "Friday Night Baseball" and the MLS Season Pass, and is now looking to expand into motorsport. This interest in Formula 1 is not new, as Apple TV+ is currently working on two productions related to the sport.

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