The streaming giant is understood to be considering a swoop for the US TV rights, but what implications could it have on other territories, namely Sky’s Formula 1 deal, which runs until 2029?

Formula One's future could undergo a massive shakeup as a new broadcaster is reportedly considering making a bid for live coverage of the sport. With the success of Netflix's beloved Drive to Survive series and the rise of big name personalities such as Max Verstappen and Lewis Hamilton, Formula One has never been so popular.

According to multiple reports, Netflix is making a push for F1 broadcast rights in the United States. As reported by Luke Smith in The Athletic, among others, ESPN’s exclusivity period to bid on F1 broadcast rights beyond 2025 has expired,