Sigh... f*ck sports leagues/governing bodies. The reason some honest people pirate streams for sporting events is because they make it so annoying to pay for them. Some examples... I live in the US. I briefly took an interest in the EPL. If I wanted to watch all EPL games (or have the option of watching any particular EPL game), I'd have to subscribe to Peacock _and_ Fubo -- and I'm still not sure that gets me all ga…
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.
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.