![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/f1-could-be-set-to-switch-to-new-channel-after-17-years-on-sky-sports-as-company-eye-up-staggering-2billion-a-year-deal/&media=https://uknews.evprotec.com/wp-content/uploads/2023/10/2023-general-view-start-race-847403951-1.jpg&description=NEW DIRECTION F1 could be set to switch to new channel after 17 years on Sky Sports as company eye up staggering £2BILLION A YEAR deal FORMULA ONE could be set to change channel as Apple consider a huge £1.6BILLION bid for the rights. Sky Sports currently boast the rights having originally obtained them in 2012. 1 Formula One could change broadcasters in the coming years Credit: Reuters And they have a deal in place to show the sport until 2029. However, Business F1 magazine are now reporting Apple are weighing up the possibility of submitting a bid to become the exclusive streaming rights holders. A £1.6bn offer would double the amount the F1 receive for their global TV rights. It would likely sit "alongside MLS and Apple TV+ in the Apple TV app" as a standalone subscription service. The idea comes following the success of the MLS Season Pass - which would be replicated for F1. The F1's US rights are not available for purchase until 2025 when ESPN's deal comes to an end. Apple's interest comes as they continue to build a portfolio of motorsport content. They are developing a huge F1-related film starring Brad Pitt - who was recently seen in the paddock at Silverstone in July. And a documentary about seven-time champion Lewis Hamilton is also in the works. Amazon are understood to be considering the purchases of several sports rights deal. They already offer an MLS Season Pass and MLB Friday Night Baseball, but are also understood to be interested in the NBA, NFL and Premier League.){kind=link}
FORMULA ONE could be set to change channel as Apple consider a huge £1.6BILLION bid for the rights.
Sky Sports currently boast the rights having originally obtained them in 2012.
And they have a deal in place to show the sport until 2029.
However, Business F1 magazine are now reporting Apple are weighing up the possibility of submitting a bid to become the exclusive streaming rights holders.
A £1.6bn offer would double the amount the F1 receive for their global TV rights.