"Starting with the 2026 season, the broadcast rights holder for Formula 1 in the US is Apple, which is offering the competition through its Apple TV+ streaming service over there."
"Unfortunately, three of those are now out of consideration since Sky has just renewed its agreements for broadcasting F1 in the UK, Ireland, and Italy. The contract has been renewed through 2032 in Italy and through 2034 in the UK and Ireland."
"Sky was already the broadcaster in those markets, it just chose to renew its deal before it expired to avoid a bidding war with Apple or anyone else. The UK and Ireland contract extension is worth about $270 million each year, or about $1.35 billion over the life of the entire deal."
Starting with the 2026 season, Apple will hold Formula 1 broadcast rights in the US and will offer the races through Apple TV+. Apple has not announced plans for similar international rights, but major markets may have been considered. Three key markets are no longer available because Sky renewed its Formula 1 broadcasting agreements in the UK, Ireland, and Italy. The renewed contracts run through 2032 in Italy and through 2034 in the UK and Ireland. Sky was already the rights holder in those regions and renewed before expiration to avoid a bidding war with Apple or other bidders. The UK and Ireland extension is valued at about $270 million per year, totaling about $1.35 billion across the deal’s duration.
Read at GSMArena.com
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