Apple and F1 have closed out a deal where Apple were given streaming rights to Formula 1 on Apple TV for 5 years on 2025 October where they replaced ESPN at the start of the 2026 Formula 1 season. Derek Chang, the CEO, stated during the Austin Grand Prix that they hope to run the whole 5-year agreement and extend that agreement with Apple. Apple is said to have surpassed expectations.

No confirmation was provided by Derek on whether the contract had a provisional opt-out option that would enable F1 to end the agreement early. The deal covers all sessions every race weekend, starting from practice sessions to sprint qualifying, and qualifying for the main race, and the race itself until 2030. The deal is rumored to be about $140-$160 million yearly.…