Apple Set to Secure Formula 1 Rights with $150 Million Bid, Reports MacRumors

Apple is poised to acquire the rights to stream Formula 1 races in the United States following a substantial $150 million bid, as reported by Business Insider. Sources close to the negotiations indicate that Disney will not match Apple’s offer, which significantly surpasses its current yearly payment of approximately $85 million.

Other potential bidders, including Netflix, have shown limited interest, positioning Apple as the primary contender for the broadcasting rights. If Apple secures these rights, it will add Formula 1 to its growing list of sports available on Apple TV+, which already features Major League Baseball and Major League Soccer.

This move aligns with the recent success of “F1: The Movie,” Apple’s first major box office success, earning over $300 million worldwide and expected to debut on Apple TV+ in 2025. In addition to this development, more updates from Apple have surfaced.

Reports indicate that the public beta for iOS 26 is anticipated to be available around July 23. Consumers can look forward to testing new features in iOS 26, iPadOS 26, and macOS 26 scheduled for release next week.

On the hardware front, speculation surrounds the upcoming iPhone 17 series, with leaks hinting at new color options for the iPhone 17 models. Additionally, the Apple Watch Ultra 3 is rumored to feature satellite connectivity and 5G support, enhancing its capabilities for users.

Moreover, an anticipated foldable iPhone could be the most expensive model to date, with an expected starting price between $1,800 and $2,000. As Apple prepares for these releases, it continues to reshape its product offerings and expand its digital content portfolio.

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