Digital
Online gaming in India is among the world’s most vibrant, says MoS I&B Dr L Murugan at Storyboard18 DES 2025
Apple is in discussions to acquire the US broadcast rights for Formula 1, positioning itself as a potential challenger to ESPN as the racing series’ contract comes up for renewal next year, according to a report by the Financial Times.
The move follows the strong box office debut of Apple’s “F1: The Movie,” starring Brad Pitt, which has grossed $293 million in its first 10 days in theaters, according to Variety. The film’s performance has highlighted the growing appetite for Formula 1 among American audiences, a momentum Apple appears eager to build on.
The current rights are held by ESPN, owned by Disney, which has broadcast Formula 1 in the United States since 2018. But with ESPN’s exclusivity window for renewal now closed, other bidders, including Netflix, are also reportedly preparing offers for the next rights cycle, which would begin in 2026.
Interest in Formula 1 has surged in the United States in recent years, propelled in part by Netflix’s “Drive to Survive” documentary series, which has helped introduce the sport to new audiences and driven viewership gains across races on tracks in the US.
For Apple, securing Formula 1 rights would deepen its push into live sports broadcasting, complementing its existing deals in Major League Soccer and Friday Night Baseball, and further its ambitions in positioning Apple TV+ as a competitive streaming platform amid a crowded media landscape.
The Storyboard18 Digital Entertainment Summit (DES) unpacked India's strategy for leading the digital entertainment economy, with top policymakers where they putlined how talent, technology, and governance would fuel future-ready growth.
Read MoreAt the Storyboard18 Digital Entertainment Summit in New Delhi, policymakers and industry leaders outlined how talent, technology, and governance will drive India’s push to dominate the global entertainment economy.