Apple ($AAPL) is leading the race to secure the exclusive U.S. streaming rights for Formula 1 in 2026, having offered about $150 million per year.

At the moment, ESPN has the rights. But Apple has made a made a bid “worth at least $150 million a year to stream the races starting in 2026” and ESPN “isn’t going to try to match or beat that,” Business Insider reports.

Apple had a box-office hit with "F1," the car-racing movie. Now it looks poised to win the US streaming rights for F1 races. ESPN streams them now.