Netflix’s first entrance into live sports is a celebrity golf tournament – so much for Formula 1, eh? The rumored competition will combine stars from documentaries it has produced for both of those sports, and will provide another chance to test its platform before presumably stepping up to the big leagues. Netflix had been linked to the US sports rights for the Formula 1 motorsport competition, to build on the back of its Formula 1: Drive to Survive series – which has been credited with driving interest in the sport in the US. Disney’s ESPN ultimately signed a three-year rights extension for Formula 1, thought to be worth up to $90 million per year. Comcast and Amazon had also bid.…