That's true, although I find often that online streaming is really poor quality and pretty temperamental. The problem people have over here is that F1 has been on free-to-view TV (excluding paying your license fee) for as long as most people can remember, and putting it on to a subscription satellite service makes it unattainable for a lot of viewers. F1 went through a huge decline in the UK, and viewing figures have been pretty rapidly rising since BBC took over. Shame that the sport will probably lose lots of these new viewers come next season.
Only positive I've thought of so far is that the BBC might just lose some of the slightly less interesting races (e.g. Valencia) and kepp the good ones, but that's really scraping the bottom of the barrel for a silver lining...