Apple acquires Formula 1 broadcasting rights

Technology giant Apple has purchased the US Formula 1 broadcasting rights for an average of $135 million (approximately 5.6 billion lira) per year.

According to CNBC-e, Formula 1 broadcasts will be broadcast on Apple TV starting in 2026 as part of the five-year agreement.

Although the official amount has not been disclosed, The Athletic reports that the annual broadcast rights will be paid between $120 million and $150 million.

It is stated that these amounts are the largest figures Formula 1 has ever earned from the US market.