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Netflix's first live sports event is a golf tournament featuring F1 drivers and PGA Tour pros

The Netflix Cup will pair up the stars of Formula 1: Drive to Survive and Full Swing.

Netflix

Netflix is getting into live sports streaming, but it's not shelling out hundreds of millions of dollars on NFL games, Formula 1 races or the English Premier League quite yet. The company's first live sports event is a pro-am golf tournament that features athletes from its Formula 1: Drive to Survive and Full Swing docuseries.

The Netflix Cup will see four pairs of Formula 1 drivers and PGA Tour golfers pairing up in a match play tournament that will take place in Las Vegas. You'll be able to watch the event starting at 6PM ET on Tuesday, November 14 — just a few days before F1's inaugural Las Vegas Grand Prix.

As things stand, The Netflix Cup is set to feature F1 drivers Alex Albon, Pierre Gasly, Lando Norris and Carlos Sainz. The golf pros who have lined up to take part are Rickie Fowler, Max Homa, Collin Morikawa and Justin Thomas. The tournament will see the pro-am pairs play an eight-hole match. The top two teams will duke it out on a final hole to try and win the Netflix Cup.

“The continued success of Drive to Survive has played a significant role in the growth of Formula 1 in the US, which has ultimately led to the addition of a third American race,” Emily Prazer, chief commercial officer of Las Vegas Grand Prix, Inc, said in a statement. “It’s only fitting that we kick off our inaugural race weekend with a fun event that can be streamed by F1 and PGA Tour fans around the globe.”

This is a logical way for Netflix to dip its toes into live sports streaming. It means that the company doesn't have to immediately snap up expensive rights to high-profile leagues (many of which have deals with rival streaming services anyway) or to showcase lower-tier sports.

It's also another example of Netflix's cross-branding coming to the forefront. The company is placing more focus on its own properties with things like a Squid Game reality competition series and branded retail stores that will feature an obstacle course based on its biggest hit to date. Netflix is also said to be developing more video game adaptations of its shows and movies, such as Extraction and Black Mirror.

Netflix's first livestreamed event was a Chris Rock standup special. However, the company ran into technical problems with its second planned livestream, a Love is Blind cast reunion. The company instead filmed the reunion and uploaded it to the platform as quickly as it could. Netflix will be hoping things go more smoothly this time around.