Apple is set to acquire Formula 1's US streaming rights for an estimated $150 million annually, potentially outperforming ESPN's offer.

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Apple is set to acquire Formula 1's US streaming rights for an estimated $150 million annually, potentially outpacing ESPN which is unlikely to match the offer.

Apple is likely to acquire Formula 1's United States streaming rights. The deal is estimated at $150 million annually. ESPN ...

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At the moment, ESPN has the rights. But Apple has made a made a bid “worth at least $150 million a year to stream the races ...