FIA Formula One World Championship, also known as F1, Formula 1, is a privately owned company headquartered in the UK. It operates under its parent company, Liberty Media, and is a tier 1 media tech buyer. Founded in 1950, the organization employs approximately 2630 individuals and reported $2.2B in revenue as of 2024. The company specializes in motorsports and cycling, specifically sanctioning the highest class of international racing for open-wheel single-seater formula racing cars, as designated by the Fédération Internationale de l'Automobile.

Revenue

Founded

1950

Headcount

4,833

Headquarters

United Kingdom

Primary Segment

Motorsports and cycling

Ownership

Privately Owned

Deployments

1

News Summary:

Formula 1 is evaluating the potential reintroduction of the Bahrain Grand Prix to its 2026 calendar, amidst growing geopolitical uncertainty in the Middle East, as of July 10. The market for the 2026 F1 Constructors’ Champion concurrently centers on which team best navigates a significant regulatory overhaul. Earlier on July 9, the Sphere and the Formula 1 Heineken Las Vegas Grand Prix announced a five-year partnership extension through 2030, which will see the grand prix utilize Sphere’s exterior screens annually during race week. This extension followed reports on July 9 that Formula 1's previous plan to reschedule the Bahrain Grand Prix had collapsed due to multiple explosions in the country and escalating hostilities between the United States and Iran, prompting a reassessment despite CEO Stefano Domenicali's earlier efforts to reinstate the race.

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FIA Formula One World Championship offers 7 products in the media and telecoms services and sports industries. FIA Formula One World Championship's product portfolio comprises of motorsports and cycling, sports tickets, merchandise and sponsorship and media and TV services.
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FIA Formula One World Championship's revenues were over $1B in 2024. Caretta Research has split FIA Formula One World Championship's revenue into 4 different product categories, the largest of which is motorsports. For full access to FIA Formula One World Championship's revenue breakdown subscribe to Caretta Portal.
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FIA Formula One World Championship has partners like Lenovo. Examples of FIA Formula One World Championship's suppliers include Accenture, Samsung Device eXperience and Google.

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FIA Formula One World Championship sells broadcasting rights of its 2 motorsports competitions to 65 companies globally, covering 15 countries. FIA Formula One World Championship's rights holders include Apple. FIA Formula One World Championship currently holds 2 broadcasting rights for sports competitions including motorsports.

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