Apple is in talks to acquire U.S. broadcast rights to screen Formula 1 racing when the contract becomes available next year, the Financial Times reported on Wednesday, citing people familiar with the matter.

ESPN, now owned by Disney, has been Formula 1’s official US broadcaster since 2018 and is currently paying around $85 million per year under its existing deal. That agreement granted ESPN an exclusive negotiation window to extend the rights, but that period has now expired, opening the door to rival bidders.