Rivals Amazon have acqui𝄹red rights to football and tennis in recent years, while Netfღlix haven’t delved into live sport.

F1’s popularity has been boosted by Netflix’s yearly documentary Drive to Survive, especially in countries where F1's own streaming platform - F1 TV Pro - is available for an affordable🍰 price.

In the United Kingdom, F1 TV isn't access🍌ible due to the sport's lꦅong-term deal with Sky Sports.

With F1 on pay TV in the UK, ratings have dropped considerably com🔴pared to when it was shown free-to-air on the BBC and I🌌TV prior to 2012.

Speaking in an exclusiv꧃e interview with Der Spiegel, Netflix CEO Reed Hastings said: “News is by its nature political, and it varies greatly ✅from country to country.

“It is difficult to produce news as a globally operating company without making enemies. It's much easier for others who only cater to a regional market. B൩esides, we make entertainment and not journalism, which should have certain standards and follow ethica💧l guidelines. We also keep our hands off live sport.”

Hastings said it would only consider br🌞oadcasting F1 if it owned it iဣn its entirety.

“Wi🔯th sports broadcasts, we have no control over the source,” Hastings added. “We don't own the Bundesliga, which can make deals with whomever it wants. But this kind of control would be a prerequisite for us to be able to offer our customers a secure deal.

“A few years ago, the [commercial] rights to Formula 1 were sold. At that ti🐽me we were not among t⭕he bidders, today we would think about it.”