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…