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.

2024 Revenue

Founded

1950

Headcount

4,833

Headquarters

United Kingdom

Primary Segment

Motorsports and cycling

Ownership

Privately Owned

Deployments

1

News Summary:

Formula 1 stewards issued an official warning to Williams driver Carlos Sainz on July 24, 2026, for erratic driving following an incident with Max Verstappen during Hungarian Grand Prix practice. Earlier the same day, Topps, an official Formula 1 partner, released an F1 Turbo Attax trading card collection to commemorate the 2026 championship and the achievements of seven-time champion Lewis Hamilton. This follows news that the Malaysian government is conducting a feasibility study into organizing a last-minute Formula 1 grand prix for the 2026 calendar. Formula 1 is considering a potential Sepang return, possibly on October 4, as a replacement race amid uncertainty surrounding the 2026 calendar, with the Malaysian circuit among candidates to host a Grand Prix if planned Middle Eastern events cannot take place due to ongoing regional conflict. On July 23, Formula 1 and the FIA began exploring various alternatives for races in the Middle East due to the conflict.

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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 Samsung Device eXperience, Google and Accenture.

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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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