Apple bids for Formula 1 rights in US: Financial Times

Apple is in talks to acquire the U.S. broadcast rights to screen Formula 1 when the contract becomes available next year, the Financial Times reported on Wednesday, following the success of Brad Pitt-starrer “F1: The Movie”.

The report follows the strong box office performance of Apple’s high-octane racing film “F1: The Movie”, which has grossed $293 million in its first 10 days, according to Variety and other outlets.