Apple has officially struck a five-year media rights deal with Formula 1 to broadcast races in the U.S. This partnership marks a significant move for Apple TV, which is ramping up its sports offerings to compete with other streaming giants.

Key Highlights:

• Apple's deal enhances its sports portfolio, attracting more viewers to Apple TV.
• Fans can expect exclusive content and enhanced viewing experiences.
• The collaboration aims to broaden F1's audience in the U.S. market.

This deal positions both Apple and Formula 1 for a high-speed future. Here's the full scoop.