Apple linked with F1 purchase

  • Published on 15 Jul 2016 11:06
  • comments 2
  • By: Dominik Wilde

Technology giant Apple has been linked with a buyout of Formula One.

The American firm is the latest in a long line of names connected to a buyout of CVC's majority stake in the sport's commercial rights.

'Apple Insider' responded to the rumours by saying that they were "unable to nail down details, or indeed procure any concrete information beyond hearsay".

Business Insider added that "There's no solid evidence to support these rumours at this stage", adding that buying F1 would be an "unusual" move for Apple, who have yet to show any interest in spending billions on a sports-related company.

Rumours of the purchase are saying that Formula One could help Apple's new car project, while boosting the Apple TV service.

Both Apple and Formula One group declined to comment.

Replies (2)

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  • I sincerely doubt this rumor.

    • + 0
    • Jul 16 2016 - 16:54
  • Apple is only in the business of making unreasonable profits off of the their stupid user base of sheep. F1 becoming more costly than it already is only leads to the sports accelerated death. F1 isn't anywhere near as profitable as Apple's current businesses.

    Apple doesn't need more advertisements either, their fanboys are doing it for them.

    • + 0
    • Jul 18 2016 - 09:47

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Brazil
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United Arab Emirates
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Formula 1 Calendar - 2025

Date
Grand Prix & Circuit
14 - Mar 16
Australia Albert Park
21 - Mar 23
4 - Apr 6
11 - Apr 13
18 - Apr 20
Saudi Arabia Jeddah Street Circuit
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United States of America Miami International Autodrome
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23 - May 25
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13 - Jun 15
27 - Jun 29
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1 - Aug 3
Hungary Hungaroring
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Azerbaijan Baku City Circuit
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United States of America Circuit of the Americas
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7 - Nov 9
Brazil Interlagos
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