I don't think this is the case, otherwise I'd have purchased an iPad purely for that reason. According to the website:
"Other users can purchase an auto-renewing monthly subscription to Sky Sports for iPad (this will not include access to Sky Sports 1-4 and Sky Sports F1). Please note:
• Sky Sports News is the only live channel this subscription will give you access to using the app. "
How do you mean "this is not the case?"
I watched all but 1 race with it last year? ( the 1st race I used sky go" and also switched to BBc when able"
It will probs suit a mini iPad better then a retina iPad. Also need to be careful if reading a forum or live action at same time as the stream is 30 seconds behind.