At the moment, ESPN has the rights. But Apple has made a made a bid “worth at least $150 million a year to stream the races starting in 2026” and ESPN “isn’t going to try to match or beat that,” Business Insider reports.

Apple has submitted a bid worth at least $150 million a year to stream Formula 1 races starting in 2026, Business Insider reported on Friday.

The tech giant is aiming to outbid ESPN for the rights to stream F1 races in America from 2026