‘F1’ opens with $55 million, delivering Apple its biggest big-screen hit

NEW YORK (AP) β€” Apple has its first box-office hit.

β€œF1 The Movie” debuted with $55.6 million in North American theaters and $144 million globally over the weekend, according to studio estimates Sunday, handing the tech company easily its biggest opening yet.

Though Apple Original Films has had some notable successes in its six years in Hollywood β€” including the 2021Β Oscar-winner β€œCODA” β€”Β its theatrical results have been decidedly mixed. Misfires likeΒ β€œArgylle” andΒ β€œFly Me to the Moon” and big-budget awards plays likeΒ Ridley Scott’s β€œNapoleon” andΒ Martin Scorsese’s β€œKillers of the Flower Moon” have been better at driving viewers to Apple TV+ than movie theaters.

But β€œF1” was Apple’s first foray into summer blockbuster territory. It won a bidding war for the project from much of the production team behind the 2022 box-office smash β€œTop Gun: Maverick.” Apple then partnered with Warner Bros. to distributed the film starring Brad Pitt, Damson Idris and Kerry Condon.

With a production budget over $200 million, β€œF1” still has several laps to go to turn a profit. But for now, β€œF1” is full speed ahead.

β€œβ€˜F1 The Movie’ puts the pedal to the metal in an impressive overperformance for this original summer movie that had one of the most comprehensive and exciting marketing blitzes in recent memory and it paid off big for the film,” said Paul Dergarabedian, senior media analyst for data firm Comscore.

Car racing movies have often struggled in theaters; crash-and-burn cases include Ron Howard’s β€œRush” (2013) andΒ Michael Mann’s β€œFerrari” (2023). But β€œF1” built off of the Formula 1 fandom stirred up by the popular series β€œFormula 1: Drive to Survive.” And it leaned onΒ β€œTop Gun: Maverick” director Joseph Kosinski and producer Jerry BruckheimerΒ to deliver another adult-oriented action thrill ride.

Like they did in β€œTop Gun: Maverick,” the filmmakers sought an adrenaline rush by placing IMAX cameras inside the cockpit in β€œF1.” IMAX and large-format screens accounted for 55% of in its ticket sales. IMAX, whose screens are much sought-after in the summer, has carved out a three-week run for the movie.

Reviews have been very good for β€œF1” and audience reaction (an β€œA” via CinemaScore) was even better. That suggests β€œF1” could hold up well in the coming weeks despite some formidable coming competition in Universal Picturesβ€™Β β€œJurassic World Rebirth.”

Universal’sΒ β€œM3gan 2.0” had been expected to pose a greater challenge to β€œF1.” Instead, the robot doll sequel didn’t come close to matching the 2022 original’s box-office launch.

β€œM3gan 2.0” collected $10.2 million in 3,112 theaters. Memes and viral videos helped propel the first β€œM3gan” to a $30.4 million opening and a total haul of $180 million, all on a $12 million budget.

Still, the Blumhouse Productions horror thriller could wind up profitable. The film, written and directed by Gerald Johnstone, cost a modest $25 million to make. A spinoff titled β€œSoulm8te” is scheduled for release next year.

M3gan 2.0” ended up in fourth place. The box-office leader of the last two weekends,Β β€œHow to Train Your Dragon,” slid to second with $19.4 million. The DreamWorks Animation live-action hit from Universal Pictures has surpassed $200 million domestically in three weeks.

AfterΒ a debut that marked a new low for Pixar, the studio’s β€œElio” gathered up $10.7 million in sales in its second weekend. That gives the Walt Disney Co. release a disappointing two-week start of $42.2 million.

Top 10 movies by domestic box office

With final domestic figures being released Monday, this list factors in the estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore:

1. β€œF1 The Movie,” $55 million.

2. β€œHow to Train Your Dragon,” $19.4 million.

3. β€œElio,” $10.7 million.

4. β€œM3gan 2.0,” $10.2 million.

5. β€œ28 Years Later,” $9.7 million.

6. β€œLilo & Stitch,” $6.9 million.

7. β€œMission: Impossible β€” Final Reckoning,” $4.2 million.

8. β€œMaterialists,” $3 million.

9. β€œBallerina,” $2.1 million.

10. β€œKarate Kid: Legends,” $1 million.