Apple(US:AAPL) Sou Hu Cai Jing·2025-10-08 10:21Core Insights - Apple is seeking exclusive broadcasting rights for the F1 Austin Grand Prix, following its investment in the movie "F1: Drive to Survive" [1][3] - The broadcasting rights are estimated to cost $140 million annually, compared to the previous $90 million per year held by ESPN [1] - Negotiations are nearing completion, with results expected to be announced during the Austin Grand Prix from October 17-19 [4] Group 1 - Apple aims to secure exclusive broadcasting rights for F1 races in the U.S. market, currently broadcasted by F1 TV [3] - The company is pushing for F1 TV to suspend its broadcasts, making Apple TV+ the sole platform for F1 coverage [3] - The outcome of the negotiations will determine whether F1 races will be included in Apple TV+ subscriptions or offered as an additional paid "season pass" [4]