Formula One

Acquired

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London, United Kingdom · Founded 1950 · $1.7B raised

Headquarters
London
Employees
1001–5000
Founded
1950
Business Model
B2C
Total Funding
$1.7B
Last Round
$1.7B Private EquityJan 2006
Rounds
1
Acquisition Date
Sep 2016

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 Sports 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

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Funding History

AcquisitionSep 2016

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Private Equity through Acquisition — per-round amounts, valuations, and who invested in each round.

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