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Netflix set to bid for Formula 1's U.S. TV rights

Netflix is set to enter a bid for Formula 1's U.S. TV rights, with the global streaming platform putting itself in the mix alongside N, NBCUniversal and Amazon, according to Business Insider. Grand Prix racing's growing popularity in America, triggered in large part by the success of the popular Netflix docu-series 'Drive to Survive', has stoked the interest of media groups and could lead to a bidding war for F1's broadcast rights in the U.S. Commercial rights owner Liberty Media hopes to rake in $100 million from its rights deal for a country that will host an unprecedented three Grands Prix from next season, with Las Vegas joining Austin and Miami on the sport's calendar. Disney-owned N...
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