F1 headed to Apple after ESPN reportedly declines to match
Formula 1 is expected to move from ESPN to Apple, after reports indicate ESPN won’t match Apple’s $150 million-per-year streaming offer.
Formula 1 is expected to move from ESPN to Apple, after reports indicate ESPN won’t match Apple’s $150 million-per-year streaming offer.
The price is "far beyond" what ESPN can afford, per Puck's Dylan Byers.
"Our goal with the docuseries is to bring audiences into the heart of this journey and showcase what it takes to participate in one of the most exclusive sports arenas in the world."
However, the network might pare back its inventory on both.
The viewership drop off may be cause for concern regarding the circuit's upcoming media rights negotiations.
The circuit is reportedly seeking between $150 million and $180 million per year.
The next stop for Formula 1 is in Japan. ESPN's network carry the practice sessions in primetime and in late night,
"UFC is a fantastic property and has piqued our interest. Formula One, as well."
"A number of players are at the table."
F1 television rights in the USA could double from what ESPN is currently paying for the racing league's next contract.
NBC and Netflix are the leading candidates to pickup the package.
ESPN currently airs races in the United States.
The race will now begin two hours earlier than in previous years.
"The ratings are one thing, but you look at the client-entertainment possibilities, the marketing opportunities, just the cache of being associated with Formula 1, it pays us back in droves."
The Moncao GP's shift to June could open up the possibility of Formula 1 drivers racing in the Indianapolis 500.
Formula 1 doesn't plan on breaking up its media rights in the U.S. after 2025.
Simple enough.
The Canadian Grand Prix is the latest F1 race to set a record this season.
Formula 1 drew another strong audience for the Monaco Grand Prix this weekend.
A big day for motorsports today with the Indianapolis 500 (weather permitting) on NBC and the Coca-Cola 600 on Fox as well as the Grand Prix de Monaco this morning on ABC.
The Miami Grand Prix destroyed its own viewership record on ABC.
"Norris TRUMPS Verstappen."
"Senna will showcase...Ayrton's journey through triumph, disappointment, joy, and sorrow, unveiling his personality and personal relationships."
Formula 1 is joining the fray of FAST channels.