APPLE CONSIDERS HUGE BID FOR GLOBAL FORMULA 1 STREAMING RIGHTS

Summary from the TLDR newsletter

Apple is rumored to be eyeing Formula 1 as its next big sports investment. The company is reportedly considering an offer worth about $2 billion per year that would make it the exclusive streaming rights holder of Formula 1 racing. Apple will not be able to secure global rights for a while due to existing contracts. The company is also rumored to be considering deals with various other sports leagues, including the NBA, English Premier League, and NFL Sunday Ticket.