Netflix trying to secure broadcasting rights for F1 in historic first for streaming giants

NETFLIX is moving to unafraid broadcasting rights to Formula One, according to reports.

It would beryllium the archetypal clip Netflix branched retired into season-long mainstream sports rights.

Netflix is “considering a bid” to currency successful connected the occurrence of its Drive to Survive series.

Sources said that the streaming elephantine is “expected to bid” for the rights successful the United States starting from the 2026 season, according to The Times.

ESPN presently holds the US rights nether a £72m deal, but it is understood that the broadcaster’s exclusivity play to negociate a caller declaration with F1 has conscionable expired.

That has opened the marketplace for bids from immoderate different funny enactment but ESPN tin ever bid again.

There has been immense maturation successful F1 instrumentality numbers successful the US - which hosts 3 of the 24 races a twelvemonth - and the rights would beryllium comparatively cheap.

Sky Sports has the UK unrecorded rights until 2029, and has a woody with Channel 4 for it to amusement the British Grand Prix unrecorded and highlights.

Netflix’s involvement successful F1 would not look to endanger the Sky/F1 concern astatine the infinitesimal arsenic it would beryllium US-focused.

Netflix - who person over 280MILLION paying subscribers - has truthful acold restricted its unrecorded sports contented to one-off oregon short-term events.

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The level dipped their toes into unrecorded athletics for the archetypal clip past twelvemonth for Mike Tyson's boxing comeback against YouTuber-turned-prizefighter Jake Paul.

Paul's unanimous triumph turned retired to beryllium the most-streamed sporting lawsuit ever arsenic it peaked astatine 65 cardinal streams.

Netflix has besides hired Kate Jackson, ESPN’s vice-president of production, who oversees the network’s F1 coverage, reports the Sports Business Journal.

The movie makers announced a stunning $5BILLION (£3.8bn) woody with the WWE to aerial events successful the US and worldwide successful December.

Netflix showed 2 NFL games during the Christmas Day peculiar successful 2024, wherever vocalist Beyonce performed during the half-time show.

It has besides agreed deals with Fifa for the US rights for the 2027 and 2031 women’s World Cup.

Other platforms specified arsenic Apple person besides been linked with bidding for the F1 rights.