Apple Strikes $700 Million Deal to Stream Formula 1 Races on Apple TV Starting 2026
Summary
Apple secures a groundbreaking $700 million, five-year deal to exclusively stream all Formula 1 races on Apple TV starting in 2026, paying $140 million annually—65% more than ESPN's previous contract—while including all racing events in its existing $12.99 monthly subscription.
Key Points
- Apple and Formula 1 announce a five-year media rights deal bringing all F1 races to Apple TV streaming in the U.S. starting in 2026
- Apple pays approximately $140 million per year for the racing rights, significantly more than ESPN's previous $85 million annual deal
- All F1 events including practice, qualifying and Sprint sessions will be included in Apple TV's existing $12.99 monthly subscription with some races and practice sessions available for free