Apple secured the rights to stream F1 races last year in a deal believed to be valued at around $150 million per year. The company has since been trying to expand the reach of the sport, and this Netflix deal is part of that effort. Apple has inked a deal with IMAX to simulcast some races live in theaters. It's also been reported that Tubi, Comcast, DirecTV and Amazon Prime Video will all have some access to select F1 content.
When it comes to the president, chaos is often the strategy. For businesses like Smeaton’s the opposite is needed—stability. Wearing Morph suits might be fun and gain you 5 million views on YouTube. But a potential wipeout of your profits after the latest announcement from the White House is hardly a laughing matter.
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