F1 has this absolutely nailed. I fear that if it gets popular enough in the US ESPN will buy exclusive rights and then you'll have to have a cable package in order to watch it.
It was easy for them to nail it and un unfair comparison to soccer or cycling.
In F1 there is only one serie/league. And that doesn't give you access to all 4 wheel motorsport, let alone openwheel ones. An F1 subscription doesn't give you access to formula E, formula nippon, national formula 3 championships, or the different motorsport series accross the world. Nor does it give you access to rallying. MotoGP did the same and I used to watch all their races. Now since I want to watch cycling anyway I only pay for eurosport which allows me to watch most races as well as superbike, moto and car endurance, as well as some rallying and formula E. But there is no way I will pay separarely for MotoGP and F1. In that case they just lost a viewer for good.
Also, for 1 F1 grand prix there are 20 to 50 soccer play or cycling races. The thing is cycling races and tv rights aren't managed by the governing body, but by different orgs. On one hand this is annoying to us because ASO, RCA and Flanders Classics (the 3 majors organizers) can sell rights to different channels. On the other hand a monopoly wouldn't necessarily better for the sports, the riders and the smaller races. If there had to be a monopoly, I would wish its shareholders would be the racers themselves but that won't ever happen.
It actually hasn't, which is really frustrating. It's not possible to watch F1 online via F1TV in Germany - you must watch it via Sky who have purchased the exclusive streaming rights up to 2024, which is €20/month or so (and means you only have the German commentators, AFAIK). At least Sky don't force you to pay for a cable (or satellite) package - it is possible to pay just for a basic sports streaming package.
I always wonder if that is a good decision for the sport in the long run. There is no way I'd subscribe to cable and ESPN to watch F1. That means I'd stop following the sport and the probability of me again spending > $1,500 on tickets goes to zero.
In F1 there is only one serie/league. And that doesn't give you access to all 4 wheel motorsport, let alone openwheel ones. An F1 subscription doesn't give you access to formula E, formula nippon, national formula 3 championships, or the different motorsport series accross the world. Nor does it give you access to rallying. MotoGP did the same and I used to watch all their races. Now since I want to watch cycling anyway I only pay for eurosport which allows me to watch most races as well as superbike, moto and car endurance, as well as some rallying and formula E. But there is no way I will pay separarely for MotoGP and F1. In that case they just lost a viewer for good.
Also, for 1 F1 grand prix there are 20 to 50 soccer play or cycling races. The thing is cycling races and tv rights aren't managed by the governing body, but by different orgs. On one hand this is annoying to us because ASO, RCA and Flanders Classics (the 3 majors organizers) can sell rights to different channels. On the other hand a monopoly wouldn't necessarily better for the sports, the riders and the smaller races. If there had to be a monopoly, I would wish its shareholders would be the racers themselves but that won't ever happen.