Apple Clinches Exclusive U.S. Formula 1 Rights in Five-Year Deal Apple has secured the exclusive U.S. media rights for Formula 1 under a five-year agreement, marking a major expansion of its sports streaming strategy. The deal positions Apple as a new powerhouse in live sports broadcasting, further diversifying its Apple TV+ portfolio. According to sources cited by CNBC, the agreement is valued at approximately $140 million per year , totaling around $700 million  over the co