Formula One
AcquiredUnleash Your Inner Drive
London, United Kingdom · Founded 1950 · $1.7B raised
- Headquarters
- London
- Employees
- 1001–5000
- Founded
- 1950
- Business Model
- B2C
- Website
- corp.formula1.com
- Total Funding
- $1.7B
- Last Round
- $1.7B Private EquityJan 2006
- Rounds
- 1
About
Formula 1 is the global rights holder and commercial manager of the FIA Formula One World Championship, the world's premier motorsport competition. Owned by Liberty Media, the organization delivers a 24-race calendar to fans around the globe and manages all aspects of the sport including engineering, broadcast, legal, logistics, event management, commercial rights, marketing, and communications. Formula 1 is committed to becoming Net Zero by 2030 and has achieved a 35% reduction in its carbon footprint versus its 2018 baseline. The organization also operates the F1 Esports Series and the Formula 1 Exhibition, which has welcomed over 1.3 million visitors across 11 cities worldwide.
Summary
Formula One is a company based in London, United Kingdom, founded in 1950. It has raised $1.7B in total across 1 round, most recently a $1.7B Private Equity round in Jan 2006. Investors include Liberty Media and CVC Capital Partners.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Sep 2016
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Full funding history, per-round amounts, and investor participation.
