LONDON, May 19 : Apple hopes to enter other markets after securing a five-year U.S. streaming deal to show Formula One races on Apple TV. Yet differing media rights cycles may act as a brake on the $4.37-trillion tech company’s global ambitions.The Liberty Media-owned single seater is a popular live sports

Apple reached a five-year deal last fall for the U.S. broadcast rights to Formula One.

LONDON, May 19 : Apple hopes to enter other markets after securing a five-year U.S. streaming deal to show Formula One races on Apple TV. Yet differing media rights cycles may act…

As Comcast-owned Sky moves early to lock down its F1 media rights in the U.K. and Italy, Apple may be facing an even more competitive path to expanding its deal beyond the U.S.