The Cupertino company is in discussions with ESPN to acquire the Formula 1 broadcasting rights in the US next year, according to The Financial Times, following the success of Apple’s F1 Movie. Apple TV Plus isn’t the only streaming platform rumored to be throwing its hat in the ring,

The Movie," Apple now wants to buy the streaming rights to Formula 1 itself, according to The Financial Times.

Apple (NASDAQ:AAPL) is pursuing U.S. media rights for Formula 1 as the broadcast contract becomes available for renewal next year, the Financial Times reported, citing people familiar with the matter.

Mr. Williams was long considered a leading candidate to replace Tim Cook as the company’s next chief executive.

Longtime Apple COO Jeff Williams will be stepping down from his role as chief operating officer. He will be replaced by Sabih Khan.

Apple said Jeff Williams, the company's COO, will take on a new role overseeing the company's design team along with the Apple Watch and health initiatives.