Apple TV has signed an exclusive deal to be the broadcaster of Formula 1 in the United States from 2026, it was announced on Friday. Apple's deal is believed to be worth $160 million-per-year. The agreement comes after the release of the "F1" movie which Apple made in close collaboration with the sport. ESPN's coverage, which started in 2018 and will run until the end of this year, has used the British-based Sky Sports F1 broadcast.
According to Jo Borrás's analysis of GM sales data for the third quarter of this year, around 40% of Cadillac's sales during that period came from electric models. Borrás noted that the phasing out of the U.S. government's EV tax credit at the end of the third quarter likely played a role in driving some of these sales - but to what extent that boost will be temporary remains to be seen.